# PPP loan: QUANTUM TECHNICAL SERVICES INC.
> **$587K** approved 03/13/2021 · Paid in Full · Loan `1572458606`
## Borrower
- **Name:** QUANTUM TECHNICAL SERVICES INC.
- **Address:** 9524 Gulfstream Rd, Frankfort, IL, 60423-2520
- **NAICS:** 333922
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $587K
- **Initial approval:** $587K
- **Forgiven:** $592K (101%)
- **Forgiveness date:** 01/11/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $587K
- **Jobs reported:** 40
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*