# PPP loan: POWERHANDLING INC
> **$406K** approved 01/27/2021 · Paid in Full · Loan `6629128301`
## Borrower
- **Name:** POWERHANDLING INC
- **Address:** 1110 W Riverside Ave Ste 400, Spokane, WA, 99201-1106
- **NAICS:** 333924
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $406K
- **Initial approval:** $406K
- **Forgiven:** $408K (101%)
- **Forgiveness date:** 09/09/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $406K
- **Utilities:** $1
- **Jobs reported:** 32
## Lender
- **Originating:** First Interstate Bank
- **Servicing:** First Interstate Bank (MT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*