# PPP loan: QUANTUM POLYMERS INC.
> **$395K** approved 02/09/2021 · Paid in Full · Loan `5876778409`
## Borrower
- **Name:** QUANTUM POLYMERS INC.
- **Address:** 100 S York St, Elmhurst, IL, 60126-3426
- **NAICS:** 424610
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $395K
- **Initial approval:** $395K
- **Forgiven:** $398K (101%)
- **Forgiveness date:** 12/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $395K
- **Jobs reported:** 21
## Lender
- **Originating:** CIBC Bank USA
- **Servicing:** CIBC Bank USA (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*