# PPP loan: Q ULTIMATE, INC.
> **$278K** approved 04/28/2020 · Exemption 4 · Loan `9400557202`
## Borrower
- **Name:** Q ULTIMATE, INC.
- **Address:** 400 S BALDWIN AVE #D-6, ARCADIA, CA, 91007
- **NAICS:** 448120
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $278K
- **Initial approval:** $278K
- **Status:** Exemption 4
- **Term:** 24 months
## Use of funds
- **Payroll:** $278K
- **Jobs reported:** 60
## Lender
- **Originating:** Hanin FCU
- **Servicing:** Hanin FCU (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*