# PPP loan: POWERS AUTO PARTS , INC.
> **$205K** approved 04/28/2020 · Paid in Full · Loan `7109577203`
## Borrower
- **Name:** POWERS AUTO PARTS , INC.
- **Address:** P.O. Box 668, Petersburg, VA, 23804
- **NAICS:** 441310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $205K
- **Initial approval:** $205K
- **Forgiven:** $206K (101%)
- **Forgiveness date:** 01/27/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Jobs reported:** 30
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*