# PPP loan: POWER TECHNOLOGY, INC.
> **$441K** approved 04/28/2020 · Paid in Full · Loan `1216327305`
## Borrower
- **Name:** POWER TECHNOLOGY, INC.
- **Address:** 16302 Alexander Rd, Alexander, AR, 72002
- **NAICS:** 334419
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $441K
- **Initial approval:** $441K
- **Forgiven:** $445K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $441K
- **Jobs reported:** 42
## Lender
- **Originating:** Simmons Bank
- **Servicing:** Simmons Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*