# PPP loan: QUANTUM LEAP COMMUNICATIONS INC
> **$274K** approved 04/08/2021 · Paid in Full · Loan `8696918704`
## Borrower
- **Name:** QUANTUM LEAP COMMUNICATIONS INC
- **Address:** 2006 44th St SE, Grand Rapids, MI, 49508-5010
- **NAICS:** 541519
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $274K
- **Initial approval:** $274K
- **Forgiven:** $276K (101%)
- **Forgiveness date:** 11/03/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $274K
- **Utilities:** $1
- **Jobs reported:** 16
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (MI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*