# PPP loan: Q ULTIMATE INC
> **$280K** approved 05/05/2021 · Exemption 4 · Loan `6892788907`
## Borrower
- **Name:** Q ULTIMATE INC
- **Address:** 400 S Baldwin Ave D-6, Arcadia, CA, 91007-1900
- **NAICS:** 448120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $280K
- **Initial approval:** $280K
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $280K
- **Utilities:** $1
- **Jobs reported:** 131
## Lender
- **Originating:** Hanin FCU
- **Servicing:** Hanin FCU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*