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Quality Electric Services, LLC

Commerce Township, MI 48390

The loans, in SBA’s record

$374.5 thousand
Approved
$374,465
The amount of every loan as it now stands, added together.
1
Loan
1 first draw.
$378.6 thousand
Forgiven
$378,605
The forgiveness amounts SBA records, as of September 30, 2024. Forgiveness and the amount approved are on different bases and do not compare.

How this compares

Amount approved: $374,465
By the amount SBA approved, ranks 375,119th of 10,688,106 borrowers nationally, 11,829th of 272,197 in Michigan and 2,696th of 47,950 in the project’s county, Oakland, MI. Larger than 96% of the 10,688,106 borrowers in SBA’s published loans, by amount approved. The project’s county is the one SBA printed on the borrower’s first loan, which need not be where the borrower is.

Each loan

4 more columns on a wider screen

Paycheck Protection Program loans to Quality Electric Services, LLC, as SBA recorded them
Approved onAmountStatusForgiven
April 13, 2020$374,465Paid in Full$378,605

Forgiveness and the amount approved are on different bases and do not compare. “Operating in” is where SBA records the business as operating, which is not always the mailing address above. Browse every PPP loan by state and lender.

Sources

Data retrieved

Quality Electric Services, LLC: $374.5 thousand in PPP loans (2020)