# PPP loan: TQI SOLUTIONS, INC.
> **$1.33M** approved 04/13/2020 · Exemption 4 · Loan `5261227100`
## Borrower
- **Name:** TQI SOLUTIONS, INC.
- **Address:** 2600 Eltham Ave, Norfolk, VA, 23513-2500
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.33M
- **Initial approval:** $1.85M
- **Forgiven:** $157K (12%)
- **Forgiveness date:** 09/10/2021
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $1.33M
- **Jobs reported:** 79
## Lender
- **Originating:** Atlantic Union Bank
- **Servicing:** Atlantic Union Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*