# PPP loan: QUADRTECH CORPORATION
> **$879K** approved 03/31/2021 · Paid in Full · Loan `3941738700`
## Borrower
- **Name:** QUADRTECH CORPORATION
- **Address:** 521 W Rosecrans Ave, Gardena, CA, 90248-1514
- **NAICS:** 339999
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $879K
- **Initial approval:** $879K
- **Forgiven:** $893K (102%)
- **Forgiveness date:** 11/25/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $879K
- **Utilities:** $1
- **Jobs reported:** 150
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*