# PPP loan: HYPOWER INC.
> **$3.94M** approved 04/09/2020 · Paid in Full · Loan `1126067110`
## Borrower
- **Name:** HYPOWER INC.
- **Address:** 5913 NW 31st Ave, FORT LAUDERDALE, FL, 33309-2207
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $3.94M
- **Initial approval:** $4.86M
- **Forgiven:** $3.99M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.94M
- **Jobs reported:** 368
## Lender
- **Originating:** BankUnited, National Association
- **Servicing:** BankUnited, National Association (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*