# PPP loan: POWERCORE INC
> **$788K** approved 02/05/2021 · Paid in Full · Loan `3881568400`
## Borrower
- **Name:** POWERCORE INC
- **Address:** 5101 W Eau Gallie Blvd, Melbourne, FL, 32934-9134
- **NAICS:** 238990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $788K
- **Initial approval:** $788K
- **Forgiven:** $793K (101%)
- **Forgiveness date:** 09/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $788K
- **Jobs reported:** 70
## 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*