# PPP loan: QUALITY SERVICE AND REPAIR CORP.
> **$172K** approved 01/17/2021 · Paid in Full · Loan `1398528302`
## Borrower
- **Name:** QUALITY SERVICE AND REPAIR CORP.
- **Address:** 2304 Spring Ridge Dr Ste E, Spring Grove, IL, 60081-8646
- **NAICS:** 811111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $172K
- **Initial approval:** $172K
- **Forgiven:** $174K (101%)
- **Forgiveness date:** 01/26/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $172K
- **Utilities:** $1
- **Jobs reported:** 12
## Lender
- **Originating:** American Community Bank & Trust
- **Servicing:** American Community Bank & Trust (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*