# PPP loan: QUANTUM LOGISTICS
> **$150K** approved 04/30/2020 · Paid in Full · Loan `5642877307`
## Borrower
- **Name:** QUANTUM LOGISTICS
- **Address:** 11923 SUMMERDALE ST, HOUSTON, TX, 77077
- **NAICS:** 484110
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 05/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $150K
- **Jobs reported:** 6
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*