# PPP loan: QUALITY COMPONENTS CO.
> **$152K** approved 04/06/2020 · Paid in Full · Loan `5955397001`
## Borrower
- **Name:** QUALITY COMPONENTS CO.
- **Address:** 8825 EAST AVE, MENTOR, OH, 44060-4305
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 05/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $130K
- **Rent:** $18K
- **Utilities:** $4K
- **Jobs reported:** 10
## Lender
- **Originating:** CNB Bank
- **Servicing:** CNB Bank (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*