# PPP loan: QUALITY INSULATION INC
> **$350K** approved 04/04/2020 · Paid in Full · Loan `4722657001`
## Borrower
- **Name:** QUALITY INSULATION INC
- **Address:** 3509 Raleigh Ave, MINNEAPOLIS, MN, 55416-2625
- **NAICS:** 236210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $350K
- **Initial approval:** $350K
- **Forgiven:** $354K (101%)
- **Forgiveness date:** 08/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $350K
- **Jobs reported:** 38
## Lender
- **Originating:** Choice Financial Group
- **Servicing:** Choice Financial Group (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*