# PPP loan: THE POWER CENTER, INC.
> **$204K** approved 04/07/2020 · Paid in Full · Loan `7097797005`
## Borrower
- **Name:** THE POWER CENTER, INC.
- **Address:** 2000 N. Telshor Blvd., LAS CRUCES, NM, 88011-8297
- **NAICS:** 441228
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $204K
- **Initial approval:** $204K
- **Forgiven:** $205K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $180K
- **Rent:** $20K
- **Utilities:** $4K
- **Jobs reported:** 19
## Lender
- **Originating:** Citizens Bank of Las Cruces
- **Servicing:** Citizens Bank of Las Cruces (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*