# PPP loan: POWERTEC SOLUTIONS INTERNATIONAL
> **$152K** approved 04/08/2020 · Paid in Full · Loan `8780327003`
## Borrower
- **Name:** POWERTEC SOLUTIONS INTERNATIONAL
- **Address:** 44 revolution Drive, Franklin, KY, 42134
- **NAICS:** 335911
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $152K
- **Initial approval:** $152K
- **Forgiven:** $153K (101%)
- **Forgiveness date:** 11/12/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $114K
- **Rent:** $23K
- **Utilities:** $15K
- **Jobs reported:** 10
## Lender
- **Originating:** Franklin Bank & Trust Company
- **Servicing:** Franklin Bank & Trust Company (KY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*