# PPP loan: Q-1 CORPORATION
> **$558K** approved 04/16/2020 · Paid in Full · Loan `2546977200`
## Borrower
- **Name:** Q-1 CORPORATION
- **Address:** 1230 W International Airport Rd, ANCHORAGE, AK, 99518
- **NAICS:** 561720
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $558K
- **Initial approval:** $558K
- **Forgiven:** $563K (101%)
- **Forgiveness date:** 03/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $540K
- **Rent:** $9K
- **Utilities:** $3K
- **Health care:** $6K
- **Jobs reported:** 100
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*