# PPP loan: QUANTITATIVE ANALYSIS SERVICE INC
> **$150K** approved 05/01/2020 · Paid in Full · Loan `1968627707`
## Borrower
- **Name:** QUANTITATIVE ANALYSIS SERVICE INC
- **Address:** 24 COMMERCE ST STE 1003, NEWARK, NJ, 07102
- **NAICS:** 523930
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 12/02/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $144K
- **Rent:** $4K
- **Debt interest:** $2K
- **Jobs reported:** 8
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*