# PPP loan: QUAKER CITY MERCANTILE INC
> **$822K** approved 02/06/2021 · Paid in Full · Loan `4607578405`
## Borrower
- **Name:** QUAKER CITY MERCANTILE INC
- **Address:** 114 S 13th St # 120, Philadelphia, PA, 19107-5000
- **NAICS:** 541810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $822K
- **Initial approval:** $822K
- **Forgiven:** $833K (101%)
- **Forgiveness date:** 06/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $822K
- **Jobs reported:** 50
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*