# PPP loan: QUALITY & SERVICE MACHINE TOOL COMPANY
> **$275K** approved 08/04/2020 · Paid in Full · Loan `3524958205`
## Borrower
- **Name:** QUALITY & SERVICE MACHINE TOOL COMPANY
- **Address:** 7300 OXFORD ST, ST LOUIS PARK, MN, 55426-4513
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $275K
- **Initial approval:** $275K
- **Forgiven:** $277K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $275K
- **Jobs reported:** 14
## Lender
- **Originating:** Associated Bank, National Association
- **Servicing:** Associated Bank, National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*