# PPP loan: DAVID POWELL INC.
> **$339K** approved 01/28/2021 · Paid in Full · Loan `7722908309`
## Borrower
- **Name:** DAVID POWELL INC.
- **Address:** 2625 Middlefield Rd, Palo Alto, CA, 94306-2516
- **NAICS:** 541219
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $339K
- **Initial approval:** $339K
- **Forgiven:** $341K (101%)
- **Forgiveness date:** 11/05/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $339K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Comerica Bank
- **Servicing:** Comerica Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*