# PPP loan: QUALITY STAMPING & MACHINING INC
> **$1.35M** approved 05/01/2020 · Paid in Full · Loan `7220447709`
## Borrower
- **Name:** QUALITY STAMPING & MACHINING INC
- **Address:** 1907 137TH AVE E, SUMNER, WA, 98390-9644
- **NAICS:** 332119
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $1.35M
- **Initial approval:** $1.35M
- **Forgiven:** $1.36M (101%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.35M
- **Jobs reported:** 108
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*