# PPP loan: QUANDEL CONSULTANTS, INC.
> **$482K** approved 04/13/2020 · Paid in Full · Loan `5534347108`
## Borrower
- **Name:** QUANDEL CONSULTANTS, INC.
- **Address:** 161 N Clark Street Suite 2060, CHICAGO, IL, 60601-2469
- **NAICS:** 541618
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $489K (101%)
- **Forgiveness date:** 09/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $361K
- **Rent:** $60K
- **Utilities:** $60K
- **Jobs reported:** 23
## Lender
- **Originating:** Wintrust Bank, National Association
- **Servicing:** Wintrust Bank, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*