# PPP loan: POWER SYSTEMS INC FLORIDA
> **$303K** approved 02/25/2021 · Paid in Full · Loan `4080678501`
## Borrower
- **Name:** POWER SYSTEMS INC FLORIDA
- **Address:** 355 Gus Hipp Blvd, Rockledge, FL, 32955-4806
- **NAICS:** 423830
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $303K
- **Initial approval:** $303K
- **Forgiven:** $305K (100%)
- **Forgiveness date:** 07/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $303K
- **Jobs reported:** 24
## Lender
- **Originating:** Marine Bank & Trust Company
- **Servicing:** Marine Bank & Trust Company (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*