# PPP loan: QUADROTECH SOLUTIONS INC.
> **$550K** approved 04/28/2020 · Paid in Full · Loan `9506097204`
## Borrower
- **Name:** QUADROTECH SOLUTIONS INC.
- **Address:** 42 READS WAY STE B, New Castle, DE, 19720-1612
- **NAICS:** 518210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $550K
- **Initial approval:** $550K
- **Forgiven:** $419K (76%)
- **Forgiveness date:** 11/13/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $550K
- **Jobs reported:** 31
## Lender
- **Originating:** HSBC Bank USA, National Association
- **Servicing:** HSBC Bank USA, National Association (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*