# PPP loan: ACCURATE POWER AND TECHNOLOGY, INC.
> **$236K** approved 04/05/2020 · Paid in Full · Loan `5398677009`
## Borrower
- **Name:** ACCURATE POWER AND TECHNOLOGY, INC.
- **Address:** 15519 US HIGHWAY 441, EUSTIS, FL, 32726-8326
- **NAICS:** 423610
- **Business type:** Corporation
- **Business age:** Change of Ownership
## Loan
- **Approval amount:** $236K
- **Initial approval:** $236K
- **Forgiven:** $238K (101%)
- **Forgiveness date:** 03/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $220K
- **Rent:** $10K
- **Utilities:** $6K
- **Jobs reported:** 25
## Lender
- **Originating:** The First National Bank of Mount Dora
- **Servicing:** The First National Bank of Mount Dora (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*