# PPP loan: POTENTIAL ENERGY LABS INC.
> **$458K** approved 05/11/2021 · Paid in Full · Loan `7937958909`
## Borrower
- **Name:** POTENTIAL ENERGY LABS INC.
- **Address:** 1436 Howard St Unit 301, San Francisco, CA, 94103-2523
- **NAICS:** 511210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $458K
- **Initial approval:** $458K
- **Forgiven:** $459K (100%)
- **Forgiveness date:** 08/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $458K
- **Jobs reported:** 31
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*