# PPP loan: POWERGRID REAL ESTATE, LLC
> **$305K** approved 07/22/2020 · Paid in Full · Loan `6839498109`
## Borrower
- **Name:** POWERGRID REAL ESTATE, LLC
- **Address:** 16192 Coastal Highway, LEWES, DE, 19958-3608
- **NAICS:** 531390
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $305K
- **Initial approval:** $305K
- **Forgiven:** $308K (101%)
- **Forgiveness date:** 07/29/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $305K
- **Jobs reported:** 16
## Lender
- **Originating:** Capital Bank, National Association
- **Servicing:** Capital Bank, National Association (MD)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*