# PPP loan: POWERHOUSE TOOL & SUPPLY
> **$205K** approved 04/11/2020 · Paid in Full · Loan `3027277107`
## Borrower
- **Name:** POWERHOUSE TOOL & SUPPLY
- **Address:** 201 C RITCHIE RD Ste A, CAPITOL HEIGHTS, MD, 20743-3613
- **NAICS:** 236210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $207K (101%)
- **Forgiveness date:** 05/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 14
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*