# PPP loan: QUALIS CORPORATION
> **$500K** approved 04/13/2020 · Paid in Full · Loan `4665297101`
## Borrower
- **Name:** QUALIS CORPORATION
- **Address:** 689 Discovery Drive, Huntsville, AL, 35806-2829
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $500K
- **Initial approval:** $3.50M
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 04/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $500K
- **Jobs reported:** 266
## Lender
- **Originating:** Regions Bank
- **Servicing:** Regions Bank (AL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*