# PPP loan: QUALITY MACHINE AND WELDING CO., INC.
> **$988K** approved 04/13/2020 · Paid in Full · Loan `4905367109`
## Borrower
- **Name:** QUALITY MACHINE AND WELDING CO., INC.
- **Address:** 2008 HOITT AVE, KNOXVILLE, TN, 37917-5917
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $988K
- **Initial approval:** $988K
- **Forgiven:** $994K (101%)
- **Forgiveness date:** 11/24/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $988K
- **Jobs reported:** 94
## Lender
- **Originating:** Pinnacle Bank
- **Servicing:** Pinnacle Bank (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*