# PPP loan: POWERCOMM SOLUTIONS, INC.
> **$426K** approved 04/08/2020 · Paid in Full · Loan `8813617004`
## Borrower
- **Name:** POWERCOMM SOLUTIONS, INC.
- **Address:** 450 SUNSHINE LN, RENO, NV, 89502-1216
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $426K
- **Initial approval:** $426K
- **Forgiven:** $429K (101%)
- **Forgiveness date:** 12/23/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $406K
- **Rent:** $16K
- **Utilities:** $4K
- **Jobs reported:** 24
## Lender
- **Originating:** Western Alliance Bank
- **Servicing:** Western Alliance Bank (AZ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*