# PPP loan: ORBITAL POWER, INC
> **$381K** approved 04/29/2020 · Paid in Full · Loan `2559607302`
## Borrower
- **Name:** ORBITAL POWER, INC
- **Address:** Canal Centre 400 East Las Colinas Blvd, IRVING, TX, 75039
- **NAICS:** 334514
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $381K
- **Initial approval:** $381K
- **Forgiven:** $385K (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $381K
- **Jobs reported:** 28
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*