# PPP loan: POWERMATIC AUTOMATION SOLUTIONS, INC.
> **$819K** approved 04/09/2020 · Paid in Full · Loan `9727407009`
## Borrower
- **Name:** POWERMATIC AUTOMATION SOLUTIONS, INC.
- **Address:** 1264 STEALTH ST, LIVERMORE, CA, 94551-9354
- **NAICS:** 423690
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $819K
- **Initial approval:** $819K
- **Forgiven:** $825K (101%)
- **Forgiveness date:** 01/14/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $819K
- **Jobs reported:** 52
## 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*