# PPP loan: QSAC INC
> **$7.00M** approved 04/28/2020 · Paid in Full · Loan `9489497203`
## Borrower
- **Name:** QSAC INC
- **Address:** 253 West 35th Street, NEW YORK, NY, 10001-0001
- **NAICS:** 621420
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $7.00M
- **Initial approval:** $7.00M
- **Forgiven:** $7.09M (101%)
- **Forgiveness date:** 08/12/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $7.00M
- **Jobs reported:** 500
## Lender
- **Originating:** Dime Community Bank
- **Servicing:** Dime Community Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*