# PPP loan: QUADRANT RESOURCE, LLC
> **$2.00M** approved 04/30/2020 · Paid in Full · Loan `5593977305`
## Borrower
- **Name:** QUADRANT RESOURCE, LLC
- **Address:** 4034 148th Avenue Northeast, Redmond, WA, 98052
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.00M
- **Initial approval:** $2.00M
- **Forgiven:** $2.03M (101%)
- **Forgiveness date:** 09/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.50M
- **Rent:** $250K
- **Utilities:** $250K
- **Jobs reported:** 175
## Lender
- **Originating:** Celtic Bank Corporation
- **Servicing:** Celtic Bank Corporation (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*