# PPP loan: POWERHOUSE GRADING INC
> **$2.92M** approved 04/27/2020 · Paid in Full · Loan `6290727210`
## Borrower
- **Name:** POWERHOUSE GRADING INC
- **Address:** 2834 Hamner Ave #124, Norco, CA, 92860-1929
- **NAICS:** 237310
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.92M
- **Initial approval:** $2.92M
- **Forgiven:** $2.98M (102%)
- **Forgiveness date:** 04/05/2022
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.92M
- **Jobs reported:** 102
## Lender
- **Originating:** CommerceWest Bank
- **Servicing:** CommerceWest Bank (CA)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*