# PPP loan: POWERSTRIDE BATTERY CO INC
> **$470K** approved 05/01/2020 · Paid in Full · Loan `7102197705`
## Borrower
- **Name:** POWERSTRIDE BATTERY CO INC
- **Address:** 122 ENTERPRISE CT, CORONA, CA, 92882-7123
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $470K
- **Initial approval:** $470K
- **Forgiven:** $477K (102%)
- **Forgiveness date:** 11/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $470K
- **Jobs reported:** 49
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*