# PPP loan: QUALITY MANAGEMENT, INCORPORATED
> **$202K** approved 04/10/2020 · Paid in Full · Loan `2345527100`
## Borrower
- **Name:** QUALITY MANAGEMENT, INCORPORATED
- **Address:** 471 HAYWARD AVE N, OAKDALE, MN, 55128-5374
- **NAICS:** 333241
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $204K (101%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $185K
- **Rent:** $15K
- **Utilities:** $2K
- **Jobs reported:** 11
## Lender
- **Originating:** BNC National Bank
- **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*