# PPP loan: Q LABS INC
> **$178K** approved 04/14/2020 · Paid in Full · Loan `5837887103`
## Borrower
- **Name:** Q LABS INC
- **Address:** 4918 maccorkle ave s.e., CHARLESTON, WV, 25304-2052
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $178K
- **Initial approval:** $86K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $178K
- **Jobs reported:** 27
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*