# PPP loan: QUALITY ERECTORS & CONSTRUCTION CO. INC.
> **$1.16M** approved 04/28/2020 · Paid in Full · Loan `9244507206`
## Borrower
- **Name:** QUALITY ERECTORS & CONSTRUCTION CO. INC.
- **Address:** 3130 Bayshore Road, BENICIA, CA, 94510
- **NAICS:** 238120
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Forgiven:** $1.17M (101%)
- **Forgiveness date:** 06/15/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.11M
- **Rent:** $35K
- **Utilities:** $12K
- **Jobs reported:** 42
## Lender
- **Originating:** United Business Bank
- **Servicing:** United Business Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*