# PPP loan: QUALITY KITCHENS & APPLIANCE INC
> **$375K** approved 05/01/2020 · Paid in Full · Loan `8435597307`
## Borrower
- **Name:** QUALITY KITCHENS & APPLIANCE INC
- **Address:** 18905 BONANZA WAY, GAITHERSBURG, MD, 20879-1511
- **NAICS:** 811490
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $375K
- **Initial approval:** $375K
- **Forgiven:** $378K (101%)
- **Forgiveness date:** 03/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $375K
- **Jobs reported:** 34
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*