# PPP loan: QUANTRONIC CORPORATION
> **$575K** approved 04/13/2020 · Paid in Full · Loan `4697027106`
## Borrower
- **Name:** QUANTRONIC CORPORATION
- **Address:** 8300  89TH AVE, MINNEAPOLIS, MN, 55445-1802
- **NAICS:** 334418
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $575K
- **Initial approval:** $575K
- **Forgiven:** $578K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $575K
- **Jobs reported:** 70
## Lender
- **Originating:** Citizens Independent Bank
- **Servicing:** Citizens Independent Bank (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*