# PPP loan: QYCELL CORPORATION
> **$518K** approved 04/27/2020 · Paid in Full · Loan `4626447204`
## Borrower
- **Name:** QYCELL CORPORATION
- **Address:** 600 Etiwanda Ave.,, ONTARIO, CA, 91761-8635
- **NAICS:** 326140
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $518K
- **Initial approval:** $518K
- **Forgiven:** $523K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $416K
- **Rent:** $102K
- **Jobs reported:** 42
## Lender
- **Originating:** SMBC MANUBANK
- **Servicing:** SMBC MANUBANK (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*