# PPP loan: QUALITY MILL SUPPLY CO., INC
> **$1.41M** approved 04/08/2020 · Paid in Full · Loan `8504377000`
## Borrower
- **Name:** QUALITY MILL SUPPLY CO., INC
- **Address:** 2159 EARLY LN, FRANKLIN, IN, 46131-7847
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.41M
- **Initial approval:** $1.41M
- **Forgiven:** $1.42M (101%)
- **Forgiveness date:** 11/05/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.13M
- **Rent:** $141K
- **Utilities:** $141K
- **Jobs reported:** 93
## Lender
- **Originating:** Horizon Bank
- **Servicing:** Horizon Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*