# PPP loan: QUASAR FEDERAL SYSTEMS, INC.
> **$254K** approved 04/28/2020 · Paid in Full · Loan `9822087203`
## Borrower
- **Name:** QUASAR FEDERAL SYSTEMS, INC.
- **Address:** 5754 Pacific Center Boulevard #203, San Diego, CA, 92121-4206
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $254K
- **Initial approval:** $254K
- **Forgiven:** $256K (101%)
- **Forgiveness date:** 06/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $203K
- **Mortgage interest:** $51K
- **Jobs reported:** 15
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*