# PPP loan: MILPOWER SOURCE INC
> **$1.10M** approved 04/27/2020 · Paid in Full · Loan `5644817206`
## Borrower
- **Name:** MILPOWER SOURCE INC
- **Address:** 7 Field Lane, BELMONT, NH, 03220-4621
- **NAICS:** 335311
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.10M
- **Initial approval:** $1.10M
- **Forgiven:** $1.10M (101%)
- **Forgiveness date:** 12/17/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.10M
- **Jobs reported:** 69
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*