# PPP loan: QUALITY ENGINEERING COMPANY
> **$179K** approved 05/01/2020 · Paid in Full · Loan `2107057705`
## Borrower
- **Name:** QUALITY ENGINEERING COMPANY
- **Address:** 30194 S WIXOM RD, WIXOM, MI, 48393
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $179K
- **Initial approval:** $179K
- **Forgiven:** $181K (101%)
- **Forgiveness date:** 07/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $136K
- **Rent:** $39K
- **Utilities:** $2K
- **Health care:** $3K
- **Jobs reported:** 12
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*