# PPP loan: QUANTUM TECHNICAL SERVICES, INC.
> **$441K** approved 04/09/2020 · Paid in Full · Loan `9304247007`
## Borrower
- **Name:** QUANTUM TECHNICAL SERVICES, INC.
- **Address:** 8524 GULFSTREAM RD, FRANKFORT, IL, 60423-2520
- **NAICS:** 333922
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $441K
- **Initial approval:** $441K
- **Forgiven:** $444K (101%)
- **Forgiveness date:** 11/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $396K
- **Rent:** $37K
- **Utilities:** $8K
- **Jobs reported:** 36
## Lender
- **Originating:** Old Second National Bank
- **Servicing:** Old Second National Bank (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*