# PPP loan: MQ OPERATING COMPANY
> **$233K** approved 04/08/2020 · Paid in Full · Loan `7799447010`
## Borrower
- **Name:** MQ OPERATING COMPANY
- **Address:** 416 6th St, CALUMET, MI, 49913-1412
- **NAICS:** 332710
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $233K
- **Initial approval:** $233K
- **Forgiven:** $234K (101%)
- **Forgiveness date:** 11/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $204K
- **Rent:** $2K
- **Utilities:** $8K
- **Health care:** $16K
- **Debt interest:** $3K
- **Jobs reported:** 22
## Lender
- **Originating:** Range Bank
- **Servicing:** Range Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*