# PPP loan: QUALITY PAYROLL SERVICES INC
> **$326K** approved 02/25/2021 · Exemption 4 · Loan `4011728510`
## Borrower
- **Name:** QUALITY PAYROLL SERVICES INC
- **Address:** 2951 Marina Bay Dr Ste 130-276, League City, TX, 77573-2735
- **NAICS:** 541214
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $326K
- **Initial approval:** $326K
- **Forgiven:** $274K (84%)
- **Forgiveness date:** 03/02/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $326K
- **Utilities:** $1
- **Jobs reported:** 46
## Lender
- **Originating:** SouthTrust Bank, National Association
- **Servicing:** SouthTrust Bank, National Association (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*