# PPP loan: QUANTUM ELECTRIC, LLC
> **$268K** approved 04/30/2020 · Paid in Full · Loan `5511627302`
## Borrower
- **Name:** QUANTUM ELECTRIC, LLC
- **Address:** 1070 SILVER ST, ELKO, NV, 89801
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 11/25/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 18
## Lender
- **Originating:** U.S. Bank, National Association
- **Servicing:** U.S. Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · MORVS · CC0 1.0*