# PPP loan: POWELL & HINKLE ENGINEERING PA
> **$459K** approved 04/15/2020 · Paid in Full · Loan `8432947103`
## Borrower
- **Name:** POWELL & HINKLE ENGINEERING PA
- **Address:** 1409 KINGSLEY AVE Bldg 12A, ORANGE PARK, FL, 32073-4537
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $459K
- **Initial approval:** $459K
- **Forgiven:** $464K (101%)
- **Forgiveness date:** 05/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $344K
- **Rent:** $115K
- **Jobs reported:** 20
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*