# PPP loan: QUALTRONICS
> **$565K** approved 04/06/2020 · Paid in Full · Loan `5763307002`
## Borrower
- **Name:** QUALTRONICS
- **Address:** 4775 PROGRESS DR, COLUMBUS, IN, 47201-2853
- **NAICS:** 336320
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $565K
- **Initial approval:** $565K
- **Forgiven:** $568K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $565K
- **Jobs reported:** 81
## Lender
- **Originating:** German American Bank
- **Servicing:** German American Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*