# PPP loan: QUANTUM LEARNING INC.
> **$193K** approved 01/20/2021 · Paid in Full · Loan `1880158307`
## Borrower
- **Name:** QUANTUM LEARNING INC.
- **Address:** 100 N State St, Newtown, PA, 18940-2048
- **NAICS:** 611430
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $193K
- **Initial approval:** $193K
- **Forgiven:** $194K (100%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $193K
- **Jobs reported:** 8
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*