# PPP loan: QUALITY WATER SPECIALISTS INC.
> **$180K** approved 04/30/2020 · Paid in Full · Loan `5768407301`
## Borrower
- **Name:** QUALITY WATER SPECIALISTS INC.
- **Address:** 2377 Ivy Street, CHICO, CA, 95928
- **NAICS:** 561990
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $180K
- **Initial approval:** $180K
- **Forgiven:** $182K (101%)
- **Forgiveness date:** 10/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $135K
- **Mortgage interest:** $18K
- **Utilities:** $27K
- **Jobs reported:** 22
## Lender
- **Originating:** Banner Bank
- **Servicing:** Banner Bank (WA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*