# PPP loan: QUALITY HEAT TREATING
> **$350K** approved 02/01/2021 · Paid in Full · Loan `1081608402`
## Borrower
- **Name:** QUALITY HEAT TREATING
- **Address:** 3305 Burton Ave, Burbank, CA, 91504-3106
- **NAICS:** 332811
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $352K (100%)
- **Forgiveness date:** 07/12/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $350K
- **Utilities:** $1
- **Jobs reported:** 44
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*