# PPP loan: QMI GROUP, INC.
> **$188K** approved 01/26/2021 · Paid in Full · Loan `5909958303`
## Borrower
- **Name:** QMI GROUP, INC.
- **Address:** 1645 E Avis Dr, Madison Heights, MI, 48071-1514
- **NAICS:** 541890
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $188K
- **Initial approval:** $188K
- **Forgiven:** $189K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $188K
- **Utilities:** $1
- **Jobs reported:** 18
## Lender
- **Originating:** Christian Financial CU
- **Servicing:** Christian Financial CU (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*