# PPP loan: QUALITY MACHINE WORK INC.
> **$308K** approved 04/13/2020 · Paid in Full · Loan `5469397104`
## Borrower
- **Name:** QUALITY MACHINE WORK 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:** $308K
- **Initial approval:** $308K
- **Forgiven:** $310K (101%)
- **Forgiveness date:** 12/28/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Mortgage interest:** $46K
- **Utilities:** $15K
- **Jobs reported:** 23
## 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*