# PPP loan: SQA SERVICES INC
> **$1.88M** approved 04/10/2020 · Paid in Full · Loan `2093327102`
## Borrower
- **Name:** SQA SERVICES INC
- **Address:** 550 Silver Spur Road, RANCHO PALOS VERDES, CA, 90275-3600
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.88M
- **Initial approval:** $1.88M
- **Forgiven:** $1.89M (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.57M
- **Rent:** $110K
- **Utilities:** $50K
- **Health care:** $120K
- **Debt interest:** $30K
- **Jobs reported:** 96
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*