# PPP loan: POWERSOFT ADVANCED TECHNOLOGIES CORPORATION
> **$191K** approved 04/15/2020 · Paid in Full · Loan `1091897209`
## Borrower
- **Name:** POWERSOFT ADVANCED TECHNOLOGIES CORPORATION
- **Address:** 78 John Miller Way Suite 422, Kearny, NJ, 07032
- **NAICS:** 423690
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $191K
- **Initial approval:** $191K
- **Forgiven:** $193K (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $158K
- **Rent:** $22K
- **Health care:** $11K
- **Jobs reported:** 10
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*