# PPP loan: QUALITY TECHNOLOGY INC
> **$1.56M** approved 01/23/2021 · Paid in Full · Loan `4693958309`
## Borrower
- **Name:** QUALITY TECHNOLOGY INC
- **Address:** 4600 Forbes Blvd Ste 400, Lanham, MD, 20706-4359
- **NAICS:** 541611
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.56M
- **Initial approval:** $1.56M
- **Forgiven:** $1.58M (101%)
- **Forgiveness date:** 03/07/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.56M
- **Jobs reported:** 71
## Lender
- **Originating:** MainStreet Bank
- **Servicing:** MainStreet Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*