# PPP loan: QUALITY MANAGEMENT ASSOCIATES INC
> **$1.35M** approved 05/01/2020 · Paid in Full · Loan `5444037704`
## Borrower
- **Name:** QUALITY MANAGEMENT ASSOCIATES INC
- **Address:** 700 CINNAMINSON AVE BUILDING B, PALMYRA, NJ, 08065-2500
- **NAICS:** 623311
- **Business type:** Non-Profit Organization
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $1.36M (101%)
- **Forgiveness date:** 04/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.35M
- **Jobs reported:** 170
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*