# PPP loan: QUALITY BUILDING SUPPLY COMPANY
> **$246K** approved 04/08/2020 · Paid in Full · Loan `8770117006`
## Borrower
- **Name:** QUALITY BUILDING SUPPLY COMPANY
- **Address:** 1820 N Central Ave, CHICAGO, IL, 60639-4114
- **NAICS:** 423330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 03/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $184K
- **Utilities:** $37K
- **Health care:** $25K
- **Jobs reported:** 40
## Lender
- **Originating:** St. Charles Bank & Trust Company, National Association
- **Servicing:** St. Charles Bank & Trust Company, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*