# PPP loan: QUALITY ELECTRICAL & MECHANICAL, INC
> **$429K** approved 04/11/2020 · Paid in Full · Loan `2724137101`
## Borrower
- **Name:** QUALITY ELECTRICAL & MECHANICAL, INC
- **Address:** 1190 E KIBBY ST, LIMA, OH, 45804-1650
- **NAICS:** 238220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $429K
- **Initial approval:** $429K
- **Forgiven:** $431K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $429K
- **Jobs reported:** 29
## Lender
- **Originating:** The Union Bank Company
- **Servicing:** The Union Bank Company (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*