# PPP loan: HIGHER POWER INDUSTRIES INC
> **$186K** approved 06/29/2021 · Paid in Full · Loan `1159879105`
## Borrower
- **Name:** HIGHER POWER INDUSTRIES INC
- **Address:** 940 Nepperhan Ave, Yonkers, NY, 10703-1706
- **NAICS:** 336510
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $186K
- **Initial approval:** $186K
- **Forgiven:** $186K (100%)
- **Forgiveness date:** 11/22/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $186K
- **Jobs reported:** 10
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*