# PPP loan: QUALITY LOGISTICS, LLC
> **$775K** approved 04/06/2020 · Paid in Full · Loan `5722867010`
## Borrower
- **Name:** QUALITY LOGISTICS, LLC
- **Address:** 1051 NEWTOWN PIKE Suite 160, LEXINGTON, KY, 40511-1211
- **NAICS:** 484110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $775K
- **Initial approval:** $775K
- **Forgiven:** $783K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $765K
- **Rent:** $8K
- **Utilities:** $2K
- **Jobs reported:** 70
## Lender
- **Originating:** Central Bank & Trust Co.
- **Servicing:** Central Bank & Trust Co. (KY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*