# PPP loan: QUAIL RIDGE ENGINEERING, INC.
> **$334K** approved 04/04/2020 · Paid in Full · Loan `5007217004`
## Borrower
- **Name:** QUAIL RIDGE ENGINEERING, INC.
- **Address:** Quail Ridge Engineering, Inc. 112 W Main Street, BALDWYN, MS, 38824
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $334K
- **Initial approval:** $334K
- **Forgiven:** $335K (101%)
- **Forgiveness date:** 02/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $334K
- **Jobs reported:** 28
## Lender
- **Originating:** Farmers and Merchants Bank
- **Servicing:** Farmers and Merchants Bank (MS)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*