# PPP loan: QUAD DEVELOPMENT LLC
> **$169K** approved 04/03/2021 · Charged Off · Loan `5804228703`
## Borrower
- **Name:** QUAD DEVELOPMENT LLC
- **Address:** 25 Clifton Ave, Newark, NJ, 07104-1872
- **NAICS:** 531190
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $169K
- **Initial approval:** $169K
- **Status:** Charged Off
- **Term:** 41 months
## Use of funds
- **Payroll:** $169K
- **Jobs reported:** 11
## Lender
- **Originating:** New York Business Development Corporation
- **Servicing:** New York Business Development Corporation (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*