# PPP loan: QUALITY PLUS MANUFACTURING INC
> **$200K** approved 02/22/2021 · Paid in Full · Loan `3022408509`
## Borrower
- **Name:** QUALITY PLUS MANUFACTURING INC
- **Address:** 1007 Industrial Park Rd, Oelwein, IA, 50662-8000
- **NAICS:** 333111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 12/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $200K
- **Utilities:** $1
- **Jobs reported:** 22
## Lender
- **Originating:** BankIowa
- **Servicing:** BankIowa (IA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*