# PPP loan: POWERTECH SPECIALISTS INC.
> **$539K** approved 04/10/2020 · Paid in Full · Loan `1552707104`
## Borrower
- **Name:** POWERTECH SPECIALISTS INC.
- **Address:** 560 Andrews Avenue, POMPANO BEACH, FL, 33069
- **NAICS:** 238310
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $539K
- **Initial approval:** $568K
- **Forgiven:** $543K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $539K
- **Jobs reported:** 48
## 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*