# PPP loan: POWER PLACE INC AND POWER RENT
> **$482K** approved 04/13/2020 · Paid in Full · Loan `4441447110`
## Borrower
- **Name:** POWER PLACE INC AND POWER RENT
- **Address:** 486 DRAKESTOWN RD, LONG VALLEY, NJ, 07853-3372
- **NAICS:** 444210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $485K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $482K
- **Jobs reported:** 38
## Lender
- **Originating:** First Bank
- **Servicing:** First Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*