# PPP loan: DPW HOLDINGS, INC.
> **$715K** approved 04/28/2020 · Paid in Full · Loan `6781007200`
## Borrower
- **Name:** DPW HOLDINGS, INC.
- **Address:** 201 Shipyard Way Suite E, NEWPORT BEACH, CA, 92663
- **NAICS:** 551112
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $715K
- **Initial approval:** $715K
- **Forgiven:** $720K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $555K
- **Rent:** $87K
- **Utilities:** $8K
- **Health care:** $65K
- **Jobs reported:** 39
## Lender
- **Originating:** First National Bank Alaska
- **Servicing:** First National Bank Alaska (AK)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*