This loan was approved on
and has been fully disbursed.
On Q Financial, Inc
615 S. River Dr., Ste. 170
Tempe, AZ 85281
On Q Financial, Inc
Other Activities Related to Credit Intermediation
Subchapter S Corporation
615 S. River Dr., Ste. 170 Tempe, AZ 85281
On Q Financial, Inc. is a market-leading Other Activities Related to Credit Intermediation company based in Tempe, AZ that has been serving home buyers and investors nationwide since 2005. With 481 employees, they provide exceptional service and expertise to help individuals make informed decisions when it comes to their mortgages. Whether you are looking for financing for a primary residence or an investment property, On Q will customize the right solution for your needs with competitive rates and terms. They provide a full suite of services from origination through closing, including underwriting, document preparation & processing and title services. On Q understands the importance of delivering quality customer service along with results that exceed expectations in today’s ever-changing mortgage environment. Their team is dedicated to providing high-touch customer service as well as innovative technology solutions—all designed so customers’ can better navigate their own loan process from start to finish quickly and efficiently with minimal stress or worry about the outcome. On Q offers professional guidance every step of the way whether you are refinancing or purchasing a new home!
During round 1 of the paycheck protection program, On Q Financial, Inc requested a PPP loan for $10,000,000.00. They were approved on 4/28/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by Midfirst Bank. Of the approved amount, On Q Financial, Inc has received 100% of the approved amount.
No related loans found.
The Small Business Administration (SBA) is not collecting on loans that should be paid back, citing "equity" as the reason.
The SBA's Inspector General says this will set a precedent that will encourage fraud.
A Park Forest businessman was sentenced to four years in federal prison for committing COVID-19 relief fraud while on home confinement for other financial crimes.
This story was published in the Chicago Tribune on January 21, 2021.