# PPP loan: EXQUADRUM, INC.
> **$622K** approved 04/08/2020 · Exemption 4 · Loan `8251537001`
## Borrower
- **Name:** EXQUADRUM, INC.
- **Address:** 12130 Rancho Road, ADELANTO, CA, 92301-2703
- **NAICS:** 541713
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $622K
- **Initial approval:** $622K
- **Forgiven:** $554K (89%)
- **Forgiveness date:** 07/29/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $622K
- **Jobs reported:** 63
## Lender
- **Originating:** Global Federal Credit Union
- **Servicing:** Global Federal Credit Union (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*