# PPP loan: QUANTUM RECRUITERS, INC.
> **$626K** approved 04/04/2020 · Paid in Full · Loan `5050987007`
## Borrower
- **Name:** QUANTUM RECRUITERS, INC.
- **Address:** 270 Oakway Center, EUGENE, OR, 97401-5663
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $626K
- **Initial approval:** $626K
- **Forgiven:** $630K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $620K
- **Rent:** $3K
- **Utilities:** $3K
- **Jobs reported:** 50
## Lender
- **Originating:** Oregon Pacific Banking Company dba Oregon Pacific Bank
- **Servicing:** Oregon Pacific Banking Company dba Oregon Pacific Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*