# PPP loan: QUALITY TOOL SERVICE, INC.
> **$312K** approved 04/05/2020 · Paid in Full · Loan `5226527003`
## Borrower
- **Name:** QUALITY TOOL SERVICE, INC.
- **Address:** 101 Anderson Ave, Suite A, SHELL LAKE, WI, 54871-6301
- **NAICS:** 332119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $312K
- **Initial approval:** $312K
- **Forgiven:** $315K (101%)
- **Forgiveness date:** 02/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Rent:** $23K
- **Mortgage interest:** $14K
- **Utilities:** $15K
- **Health care:** $15K
- **Jobs reported:** 24
## Lender
- **Originating:** Citizens Community Federal National Association
- **Servicing:** Citizens Community Federal National Association (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*