# PPP loan: POWERBASS USA, INC.
> **$246K** approved 04/14/2020 · Paid in Full · Loan `7803047110`
## Borrower
- **Name:** POWERBASS USA, INC.
- **Address:** 2133 S. GREEN PRIVADO, ONTARIO, CA, 91761-5681
- **NAICS:** 423620
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $224K
- **Health care:** $22K
- **Jobs reported:** 17
## Lender
- **Originating:** United Pacific Bank
- **Servicing:** United Pacific Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*