# PPP loan: POWER SYSTEMS ELECTRIC INC
> **$199K** approved 02/06/2021 · Paid in Full · Loan `4365178410`
## Borrower
- **Name:** POWER SYSTEMS ELECTRIC INC
- **Address:** 5560 Franklin Pike Cir # 203, Brentwood, TN, 37027-4396
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $199K
- **Initial approval:** $199K
- **Forgiven:** $200K (100%)
- **Forgiveness date:** 07/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $199K
- **Jobs reported:** 19
## Lender
- **Originating:** Volunteer State Bank
- **Servicing:** Volunteer State Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*