# PPP loan: FULLPOWER TECHNOLOGIES, INC.
> **$1.30M** approved 04/11/2020 · Paid in Full · Loan `3302847107`
## Borrower
- **Name:** FULLPOWER TECHNOLOGIES, INC.
- **Address:** 1200 Pacific Ave, Suite 300, SANTA CRUZ, CA, 95060-3901
- **NAICS:** 541715
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.30M
- **Initial approval:** $1.30M
- **Forgiven:** $940K (72%)
- **Forgiveness date:** 08/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $978K
- **Rent:** $163K
- **Utilities:** $163K
- **Jobs reported:** 58
## Lender
- **Originating:** Santa Cruz County Bank
- **Servicing:** Santa Cruz County Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*