# PPP loan: QUALEX MACHINING
> **$1.70M** approved 04/04/2020 · Paid in Full · Loan `4678197007`
## Borrower
- **Name:** QUALEX MACHINING
- **Address:** 1180 BEREA RD, RICHMOND, KY, 40475-8328
- **NAICS:** 333514
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.70M
- **Initial approval:** $1.70M
- **Forgiven:** $1.71M (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.70M
- **Jobs reported:** 184
## Lender
- **Originating:** Traditional Bank, Inc.
- **Servicing:** Traditional Bank, Inc. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*