# PPP loan: QUANTUM LABS INC.
> **$190K** approved 02/18/2021 · Paid in Full · Loan `1045368503`
## Borrower
- **Name:** QUANTUM LABS INC.
- **Address:** 452 Northco Dr Ste 180, Minneapolis, MN, 55432-3308
- **NAICS:** 454390
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 01/06/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $190K
- **Jobs reported:** 14
## Lender
- **Originating:** Old National Bank
- **Servicing:** Old National Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*