# PPP loan: QUANTUM PROPERTY SERVICES, INC
> **$228K** approved 04/04/2020 · Paid in Full · Loan `4887337008`
## Borrower
- **Name:** QUANTUM PROPERTY SERVICES, INC
- **Address:** 1213 N 32ND ST, FORT SMITH, AR, 72904-6705
- **NAICS:** 531190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $228K
- **Initial approval:** $228K
- **Forgiven:** $230K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $193K
- **Rent:** $17K
- **Utilities:** $17K
- **Jobs reported:** 26
## Lender
- **Originating:** Armstrong Bank
- **Servicing:** Armstrong Bank (OK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*