# PPP loan: QUALITY ACQUISITION COMPANY, LLC
> **$3.99M** approved 04/09/2020 · Paid in Full · Loan `1023417105`
## Borrower
- **Name:** QUALITY ACQUISITION COMPANY, LLC
- **Address:** 3201 NW 72nd Ave, MIAMI, FL, 33122-1317
- **NAICS:** 424820
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.99M
- **Initial approval:** $3.99M
- **Forgiven:** $4.04M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.25M
- **Rent:** $213K
- **Utilities:** $70K
- **Debt interest:** $459K
- **Jobs reported:** 330
## Lender
- **Originating:** Commerce Bank
- **Servicing:** Commerce Bank (MO)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*