# PPP loan: POTENTIAL ELECTRIC, LLC
> **$789K** approved 05/01/2020 · Paid in Full · Loan `8937687702`
## Borrower
- **Name:** POTENTIAL ELECTRIC, LLC
- **Address:** 4629 36th Street Suite 200, Orlando, FL, 32811
- **NAICS:** 423610
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $789K
- **Initial approval:** $789K
- **Forgiven:** $795K (101%)
- **Forgiveness date:** 01/20/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $789K
- **Jobs reported:** 39
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*