# PPP loan: QUAIL PROPERTIES INC.
> **$184K** approved 04/13/2020 · Paid in Full · Loan `4855427104`
## Borrower
- **Name:** QUAIL PROPERTIES INC.
- **Address:** 5003 Falls of Neuse Rd., Raleigh, NC, 27609-5462
- **NAICS:** 561790
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $184K
- **Initial approval:** $184K
- **Forgiven:** $185K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Jobs reported:** 18
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*