# PPP loan: QEI, LLC.
> **$549K** approved 04/10/2020 · Paid in Full · Loan `1682317103`
## Borrower
- **Name:** QEI, LLC.
- **Address:** 45 Fadem Road 0.0, Springfield, NJ, 07081-3115
- **NAICS:** 334513
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $549K
- **Initial approval:** $549K
- **Forgiven:** $556K (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $425K
- **Rent:** $68K
- **Utilities:** $14K
- **Health care:** $43K
- **Jobs reported:** 32
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*