# PPP loan: QUANTIC GROUP LTD
> **$236K** approved 04/08/2020 · Paid in Full · Loan `8706397004`
## Borrower
- **Name:** QUANTIC GROUP LTD
- **Address:** 5N Regent Street, Suite 502 0.0, Livingston, NJ, 07039-1682
- **NAICS:** 541990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $239K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $200K
- **Rent:** $15K
- **Utilities:** $3K
- **Health care:** $18K
- **Jobs reported:** 12
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*