# PPP loan: QUALITY SAW & SEAL INC
> **$463K** approved 04/28/2020 · Paid in Full · Loan `7153657200`
## Borrower
- **Name:** QUALITY SAW & SEAL INC
- **Address:** 7600 West 79th Street, Bridgeview, IL, 60455
- **NAICS:** 237310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $463K
- **Initial approval:** $463K
- **Forgiven:** $466K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $393K
- **Rent:** $46K
- **Utilities:** $9K
- **Health care:** $14K
- **Jobs reported:** 50
## Lender
- **Originating:** American Express National Bank
- **Servicing:** American Express National Bank (UT)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*