# PPP loan: QSC OF NORTHFIELD, INC.
> **$247K** approved 04/07/2020 · Paid in Full · Loan `7609167009`
## Borrower
- **Name:** QSC OF NORTHFIELD, INC.
- **Address:** 450 ARMSTRONG RD, NORTHFIELD, MN, 55057-4912
- **NAICS:** 561720
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $247K
- **Initial approval:** $247K
- **Forgiven:** $250K (101%)
- **Forgiveness date:** 04/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $247K
- **Jobs reported:** 32
## Lender
- **Originating:** Merchants Bank National Association
- **Servicing:** Merchants Bank, National Association (MN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*