Corporation

Quantum Corporation

Computer Storage Device Manufacturing

$10,000,000.00
PPP Loan Number 7288287008

Company Overview

Quantum Corporation

224 Airport Pkwy Ste 550
San Jose, CA 95110-1003

Quantum Corporation is a Computer Storage Device Manufacturing Corporation located at 224 Airport Pkwy Ste 550 San Jose, CA 95110-1003 with 500 employees.


# of employees
500
Average salary
$96,000.00 /yr
Business type
Corporation

Company Story



Quantum Corporation is a leading computer storage device manufacturing company, located in San Jose, CA. Established in 1980, Quantum has been providing high-performance storage solutions and services for nearly four decades. The company is comprised of 500 dedicated employees and engineers who have developed long-term partnerships with the world’s leading hardware providers to stay ahead of industry trends and deliver innovative products that meet customer needs.

Quantum focuses on delivering large scale enterprise level storage solutions designed to support mission critical systems such as back up & recovery, archiving data, large scale file sharing and disaster recovery. Utilizing advanced technologies such as auto-tiering, deduplication & compression Quantum's systems are capable of scaling up or down according to demand with data protection being paramount for their customers' peace of mind.

The firm also offers customized pre-configured hardware appliances and software only packages which offer ultimate flexibility type environments where customers can pick & choose from a range of operating system/hardware options so that they can configure the best solution for them at an affordable price point. Moreover Quantum also provides cloud based back up services along with professional installation services so users get their systems set up correctly without any headaches or troubleshooting issues arising during deployment thus saving end user time & money while providing an optimally secure environment upon completion.

Overall by leveraging cutting edge technologies combined with excellent customer service offerings it's easy to understand why Quantum has become one of the standard bearers in this sector over its near forty year history; making it undoubtedly one name technology savvy businesses can rely on when considering their options when looking into potential storage solutions going forward into future years



Loan Details

During round 1 of the paycheck protection program, Quantum Corporation requested a PPP loan for $10,000,000.00. They were approved on 4/7/2020 by the SBA for an amount of $10,000,000.00. The loan was facillitated by Pnc Bank, National Association. Of the approved amount, Quantum Corporation has received 100% of the approved amount.


Approved
$10,000,000.00
Disbursed
$10,000,000.00

Originating Lender
Pnc Bank, National Association

Servicing Lender
Pnc Bank, National Association

SBA Code
912


Demographics
Race
Unanswered
Ethnicity
Unknown/NotStated
Gender
Unanswered
Veteran
Unanswered

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