# PPP loan: QUALITY MACHINE MANUFACTURING INC.
> **$169K** approved 04/13/2020 · Paid in Full · Loan `5458087110`
## Borrower
- **Name:** QUALITY MACHINE MANUFACTURING INC.
- **Address:** 3451 LA 3125, PAULINA, LA, 70763-2204
- **NAICS:** 333120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Forgiven:** $170K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Mortgage interest:** $25K
- **Utilities:** $9K
- **Jobs reported:** 13
## Lender
- **Originating:** First American Bank & Trust
- **Servicing:** First American Bank & Trust (LA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*