# PPP loan: QUARTZ LOGISTICS INC.
> **$621K** approved 04/10/2020 · Paid in Full · Loan `2058657101`
## Borrower
- **Name:** QUARTZ LOGISTICS INC.
- **Address:** 780 S.NOGALES ST, CITY OF INDUSTRY, CA, 91748-1306
- **NAICS:** 488510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $621K
- **Initial approval:** $621K
- **Forgiven:** $627K (101%)
- **Forgiveness date:** 03/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $621K
- **Jobs reported:** 37
## Lender
- **Originating:** East West Bank
- **Servicing:** East West Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*