# PPP loan: POWER ELECTRIC SERVICES, INC.
> **$304K** approved 04/28/2020 · Paid in Full · Loan `7738567203`
## Borrower
- **Name:** POWER ELECTRIC SERVICES, INC.
- **Address:** 4714 E Hillsborough Ave, Tampa, FL, 33610
- **NAICS:** 238210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $304K
- **Initial approval:** $304K
- **Forgiven:** $306K (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $304K
- **Jobs reported:** 23
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*