# PPP loan: QAS III, INC.
> **$878K** approved 04/07/2020 · Paid in Full · Loan `7421797008`
## Borrower
- **Name:** QAS III, INC.
- **Address:** 8000 tower point drive, CHARLOTTE, NC, 28227-7726
- **NAICS:** 811191
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $878K
- **Initial approval:** $878K
- **Forgiven:** $886K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $659K
- **Utilities:** $220K
- **Jobs reported:** 191
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*