# PPP loan: QUANTUM PRECISION, INC.
> **$278K** approved 04/08/2020 · Paid in Full · Loan `7785047007`
## Borrower
- **Name:** QUANTUM PRECISION, INC.
- **Address:** 385 Wegner Drive, WEST CHICAGO, IL, 60185-2673
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Forgiven:** $280K (101%)
- **Forgiveness date:** 02/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 32
## Lender
- **Originating:** First National Bank of Omaha
- **Servicing:** First National Bank of Omaha (NE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*