# PPP loan: POW/R/SAVE, INC.
> **$200K** approved 07/21/2020 · Paid in Full · Loan `6403778109`
## Borrower
- **Name:** POW/R/SAVE, INC.
- **Address:** TBD, ELMWOOD PARK, NJ, 07407
- **NAICS:** 236220
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $200K
- **Initial approval:** $200K
- **Forgiven:** $202K (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $200K
- **Jobs reported:** 16
## Lender
- **Originating:** Spencer Savings Bank, SLA
- **Servicing:** Spencer Savings Bank, SLA (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*