# PPP loan: CORRQUEST AUTOMATION INC.
> **$653K** approved 03/12/2021 · Paid in Full · Loan `9624878504`
## Borrower
- **Name:** CORRQUEST AUTOMATION INC.
- **Address:** 5253 Old Salem Rd NE, Albany, OR, 97321-7340
- **NAICS:** 541512
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $653K
- **Initial approval:** $653K
- **Forgiven:** $655K (100%)
- **Forgiveness date:** 06/23/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $653K
- **Utilities:** $1
- **Jobs reported:** 36
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*