# PPP loan: QUANTECH, INC.
> **$165K** approved 05/01/2020 · Paid in Full · Loan `7608877705`
## Borrower
- **Name:** QUANTECH, INC.
- **Address:** 6110 EXECUTIVE BLVD, ROCKVILLE, MD, 20852
- **NAICS:** 541910
- **Business type:** Subchapter S Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $165K
- **Initial approval:** $165K
- **Forgiven:** $167K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Jobs reported:** 6
## Lender
- **Originating:** PNC Bank, National Association
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*