Quality Flow Systems INC
$397,300 PPP Loan in New Prague, Minnesota
Loan Details
- Loan Number
- 8314907003
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $397,300
- Current Approval
- $397,300
- Forgiveness Amount
- $400,743
- Forgiveness Date
- Feb 24, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Quality Flow Systems INC
- Address
- 800 6th St NW
- City
- New Prague
- State
- Minnesota
- ZIP Code
- 56071-1148
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (424990)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $8.2M
- Rural/Urban
- Urban
- Congressional District
- MN-02
Loan Use Breakdown
- Payroll
- $317,315
- Rent
- $18,630
- Utilities
- $40,835
- Health Care
- $20,520
Lender Information
- Servicing Lender
- Merchants Bank, National Association
- Originating Lender
- Merchants Bank, National Association
Other PPP Loans in New Prague, MN
| Business | Approved | |
|---|---|---|
| Scott Equipment Co | $1,995,000 |  AI Deep Dive |
| Jeff Belzer New Prague Auto, Inc. | $941,917 | AI Deep Dive |
| Denwin, Inc. | $469,500 | AI Deep Dive |
| Quality Flow Systems INC | $388,152 | AI Deep Dive |
| Autowash Systems, Inc. | $344,600 | AI Deep Dive |
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