# PPP loan: POWERWRIGHT TECHNOLOGIES INC
> **$423K** approved 05/01/2020 · Paid in Full · Loan `5887447708`
## Borrower
- **Name:** POWERWRIGHT TECHNOLOGIES INC
- **Address:** 636 US HIGHWAY 1 STE 207, NORTH PALM BEACH, FL, 33408-4611
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $423K
- **Initial approval:** $423K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 05/13/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $423K
- **Jobs reported:** 28
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*