# PPP loan: QUALITY DRAFTING INC
> **$151K** approved 04/07/2020 · Paid in Full · Loan `6645997003`
## Borrower
- **Name:** QUALITY DRAFTING INC
- **Address:** 514 S 2ND ST, LUFKIN, TX, 75901-3974
- **NAICS:** 541340
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $151K
- **Initial approval:** $151K
- **Forgiven:** $152K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $121K
- **Rent:** $15K
- **Utilities:** $15K
- **Jobs reported:** 14
## Lender
- **Originating:** Commercial Bank of Texas, N.A.
- **Servicing:** Commercial Bank of Texas, N.A. (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*