# PPP loan: BRIGHT POWER INC
> **$3.11M** approved 04/03/2020 · Paid in Full · Loan `4535277010`
## Borrower
- **Name:** BRIGHT POWER INC
- **Address:** 11 HANOVER SQ 11 HANOVER SQ 21st Floor, NEW YORK, NY, 10005-2819
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $3.11M
- **Initial approval:** $3.11M
- **Forgiven:** $3.16M (102%)
- **Forgiveness date:** 11/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $3.11M
- **Jobs reported:** 155
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*