# PPP loan: QUAD ELECTRONICS INC
> **$1.21M** approved 04/15/2020 · Paid in Full · Loan `2037627202`
## Borrower
- **Name:** QUAD ELECTRONICS INC
- **Address:** 359 ROBBINS DR, TROY, MI, 48083-4561
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.21M
- **Initial approval:** $1.21M
- **Forgiven:** $1.22M (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.21M
- **Jobs reported:** 116
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*