# PPP loan: POWER COOL ENGINEERS PC
> **$290K** approved 04/13/2020 · Paid in Full · Loan `5449657102`
## Borrower
- **Name:** POWER COOL ENGINEERS PC
- **Address:** 321 Maple Lane, Blountville, TN, 37617
- **NAICS:** 541330
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $290K
- **Initial approval:** $290K
- **Forgiven:** $292K (101%)
- **Forgiveness date:** 01/28/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $281K
- **Mortgage interest:** $9K
- **Jobs reported:** 17
## Lender
- **Originating:** First Community Bank
- **Servicing:** First Community Bank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*