# PPP loan: QUANDEL ENTERPRISES, INC. EMPLOYEES STOCK OWNERSHIP PLAN
> **$5.49M** approved 04/03/2020 · Paid in Full · Loan `4353087000`
## Borrower
- **Name:** QUANDEL ENTERPRISES, INC. EMPLOYEES STOCK OWNERSHIP PLAN
- **Address:** 2601 MARKET PL STE 200, HARRISBURG, PA, 17110-9340
- **NAICS:** 236220
- **Business type:** Employee Stock Ownership Plan(ESOP)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $5.49M
- **Initial approval:** $5.49M
- **Forgiven:** $5.54M (101%)
- **Forgiveness date:** 01/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $5.49M
- **Jobs reported:** 243
## Lender
- **Originating:** Mid Penn Bank
- **Servicing:** Mid Penn Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*