# PPP loan: HYDRA-POWER SYSTEMS, INC.
> **$1.99M** approved 04/11/2020 · Paid in Full · Loan `2874917105`
## Borrower
- **Name:** HYDRA-POWER SYSTEMS, INC.
- **Address:** 5445 Ne 122nd Ave, PORTLAND, OR, 97230-1092
- **NAICS:** 423830
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.99M
- **Initial approval:** $1.99M
- **Forgiven:** $1.86M (94%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.99M
- **Jobs reported:** 104
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*