# PPP loan: QUALITY FORMIKA INC
> **$207K** approved 01/28/2021 · Paid in Full · Loan `7192478302`
## Borrower
- **Name:** QUALITY FORMIKA INC
- **Address:** 2396 17 Mile Rd NE, Cedar Springs, MI, 49319-9430
- **NAICS:** 238350
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $207K
- **Initial approval:** $207K
- **Forgiven:** $209K (101%)
- **Forgiveness date:** 03/17/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $207K
- **Jobs reported:** 17
## Lender
- **Originating:** ChoiceOne Bank
- **Servicing:** ChoiceOne Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*