# PPP loan: POWER AUCTIONS LLC
> **$462K** approved 03/12/2021 · Paid in Full · Loan `9483888502`
## Borrower
- **Name:** POWER AUCTIONS LLC
- **Address:** 3333 K St NW Ste 425, Washington, DC, 20007-3591
- **NAICS:** 541512
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $462K
- **Initial approval:** $462K
- **Forgiven:** $464K (100%)
- **Forgiveness date:** 08/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $462K
- **Utilities:** $1
- **Jobs reported:** 24
## Lender
- **Originating:** Live Oak Banking Company
- **Servicing:** Live Oak Banking Company (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*