# PPP loan: QUANTUM ELEMENTS DEVELOPMENT, INC.
> **$234K** approved 08/07/2020 · Paid in Full · Loan `5138488207`
## Borrower
- **Name:** QUANTUM ELEMENTS DEVELOPMENT, INC.
- **Address:** 300 MYLES STANDISH BLVD Suite 102-R, TAUNTON, MA, 02780-7323
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $234K
- **Initial approval:** $234K
- **Forgiven:** $236K (101%)
- **Forgiveness date:** 06/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $234K
- **Jobs reported:** 9
## Lender
- **Originating:** Leader Bank, National Association
- **Servicing:** Leader Bank, National Association (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*