# PPP loan: QUANTUM STAFFING INC.
> **$700K** approved 04/28/2020 · Paid in Full · Loan `9640927205`
## Borrower
- **Name:** QUANTUM STAFFING INC.
- **Address:** 25020 W Avenue Stanford #80, Valencia, CA, 91355
- **NAICS:** 561311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $707K (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 6
## Lender
- **Originating:** Bank of the Sierra
- **Servicing:** Bank of the Sierra (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*