# PPP loan: QRC GROUP LLC
> **$244K** approved 04/16/2020 · Paid in Full · Loan `2428007201`
## Borrower
- **Name:** QRC GROUP LLC
- **Address:** VILLA BLANCA 28 AQUAMARINA, CAGUAS, PR, 00725
- **NAICS:** 541690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $244K
- **Initial approval:** $244K
- **Forgiven:** $247K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $240K
- **Rent:** $3K
- **Utilities:** $970
- **Jobs reported:** 30
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*