# PPP loan: BANKS II QUAN AND ASSOCIATES INC.
> **$380K** approved 02/17/2021 · Paid in Full · Loan `9752618403`
## Borrower
- **Name:** BANKS II QUAN AND ASSOCIATES INC.
- **Address:** 100 Burtt Rd Ste 212, Andover, MA, 01810-5915
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $380K
- **Initial approval:** $398K
- **Forgiven:** $384K (101%)
- **Forgiveness date:** 03/24/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $380K
- **Jobs reported:** 21
## Lender
- **Originating:** Leader Bank, National Association
- **Servicing:** Leader Bank, National Association (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*