# PPP loan: TECHNICAL EMPOWERMENT, INC. DBA TECHEMPOWER INC
> **$630K** approved 05/01/2020 · Paid in Full · Loan `2239417708`
## Borrower
- **Name:** TECHNICAL EMPOWERMENT, INC. DBA TECHEMPOWER INC
- **Address:** 898 N PACIFIC COAST HWY STE 800, EL SEGUNDO, CA, 90245
- **NAICS:** 517110
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $630K
- **Initial approval:** $630K
- **Forgiven:** $555K (88%)
- **Forgiveness date:** 06/17/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $535K
- **Rent:** $53K
- **Utilities:** $7K
- **Health care:** $34K
- **Jobs reported:** 300
## 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*