# PPP loan: QUALITY TESTING AND ENGINEERING, INC
> **$223K** approved 04/08/2020 · Paid in Full · Loan `7913287004`
## Borrower
- **Name:** QUALITY TESTING AND ENGINEERING, INC
- **Address:** 803 West State Street, O FALLON, IL, 62269-1809
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $223K
- **Initial approval:** $223K
- **Forgiven:** $224K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $167K
- **Rent:** $56K
- **Jobs reported:** 18
## Lender
- **Originating:** Busey Bank
- **Servicing:** Busey Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*