# PPP loan: Q-TECH CORPORATION
> **$2.61M** approved 05/01/2020 · Paid in Full · Loan `4929397700`
## Borrower
- **Name:** Q-TECH CORPORATION
- **Address:** 10150 W JEFFERSON BLVD, CULVER CITY, CA, 90232
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.61M
- **Initial approval:** $2.61M
- **Forgiven:** $2.64M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.61M
- **Jobs reported:** 160
## Lender
- **Originating:** Wells Fargo Bank, National Association
- **Servicing:** Wells Fargo Bank, National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*