# PPP loan: QUANTIMETRIX
> **$979K** approved 04/08/2020 · Paid in Full · Loan `8798187007`
## Borrower
- **Name:** QUANTIMETRIX
- **Address:** 2005 Manhattan Beach Boulevard, 0.0, Redondo Beach, CA, 90278-1205
- **NAICS:** 325412
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $979K
- **Initial approval:** $979K
- **Forgiven:** $990K (101%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $831K
- **Rent:** $75K
- **Utilities:** $23K
- **Health care:** $50K
- **Jobs reported:** 63
## 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*