# PPP loan: QUALITY METAL PRODUCTS INC
> **$403K** approved 04/15/2020 · Paid in Full · Loan `8220397102`
## Borrower
- **Name:** QUALITY METAL PRODUCTS INC
- **Address:** 718 Orange Road, Dallas, PA, 18612
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $403K
- **Initial approval:** $403K
- **Forgiven:** $406K (101%)
- **Forgiveness date:** 04/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $337K
- **Utilities:** $7K
- **Health care:** $58K
- **Jobs reported:** 30
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*