Quality Electric & Communication INC

$144,800 PPP Loan in Freeport, Illinois

Loan Details

Loan Number
7502437007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$144,800
Current Approval
$144,800
Forgiveness Amount
$146,546
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Quality Electric & Communication INC
Address
2364 Sunset Dr
ZIP Code
61032-8347
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-17

Loan Use Breakdown

Payroll
$108,600
Utilities
$18,100
Mortgage Interest
$18,100

Lender Information

Servicing Lender
German-American State Bank
Originating Lender
German-American State Bank

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