# PPP loan: IQS, INC.
> **$1.68M** approved 04/16/2020 · Paid in Full · Loan `2844207201`
## Borrower
- **Name:** IQS, INC.
- **Address:** 12705 S KIRKWOOD RD STE 214, STAFFORD, TX, 77477-3813
- **NAICS:** 213112
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.68M
- **Initial approval:** $1.68M
- **Forgiven:** $1.69M (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.34M
- **Rent:** $18K
- **Utilities:** $12K
- **Health care:** $307K
- **Jobs reported:** 324
## 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*