# PPP loan: NATIONAL ENERGETICS INC.
> **$220K** approved 06/18/2020 · Paid in Full · Loan `8278017902`
## Borrower
- **Name:** NATIONAL ENERGETICS INC.
- **Address:** 2051 Gattis School Road Suite 540-202, Round Rock, TX, 78664-7441
- **NAICS:** 334510
- **Business type:** Corporation
- **Business age:** Unanswered
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $223K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Jobs reported:** 15
## Lender
- **Originating:** FC Marketplace, LLC (dba Funding Circle)
- **Servicing:** Quontic Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*