# PPP loan: QT TECHNOLOGIES LLC
> **$580K** approved 04/11/2020 · Paid in Full · Loan `3052537104`
## Borrower
- **Name:** QT TECHNOLOGIES LLC
- **Address:** 1801 Royal Lane, Suite 200, DALLAS, TX, 75229-3127
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $580K
- **Initial approval:** $580K
- **Forgiven:** $583K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $510K
- **Rent:** $21K
- **Utilities:** $8K
- **Health care:** $41K
- **Jobs reported:** 34
## Lender
- **Originating:** Veritex Community Bank
- **Servicing:** Veritex Community Bank (TX)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*