# PPP loan: QWEST ENGINEERING INC.
> **$499K** approved 03/01/2021 · Paid in Full · Loan `5534468508`
## Borrower
- **Name:** QWEST ENGINEERING INC.
- **Address:** 17682 Cowan Ste 200, Irvine, CA, 92614-1609
- **NAICS:** 238910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $499K
- **Initial approval:** $499K
- **Forgiven:** $505K (101%)
- **Forgiveness date:** 04/14/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $499K
- **Jobs reported:** 33
## Lender
- **Originating:** BMO Bank National Association
- **Servicing:** BMO Bank National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*