# PPP loan: AG -POWER, INC
> **$2.84M** approved 04/11/2020 · Paid in Full · Loan `3510367110`
## Borrower
- **Name:** AG -POWER, INC
- **Address:** 1512 BRAY CENTRAL DR, suite 100, MCKINNEY, TX, 75069-8201
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.84M
- **Initial approval:** $2.84M
- **Forgiven:** $2.87M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.84M
- **Jobs reported:** 245
## Lender
- **Originating:** Prosperity Bank
- **Servicing:** Prosperity Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*