# PPP loan: POWER AVIONICS INC
> **$190K** approved 04/09/2020 · Paid in Full · Loan `9907097009`
## Borrower
- **Name:** POWER AVIONICS INC
- **Address:** 2550 nw 4th court fort lauderdale, FORT LAUDERDALE, FL, 33311
- **NAICS:** 488190
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $190K
- **Initial approval:** $190K
- **Forgiven:** $192K (101%)
- **Forgiveness date:** 06/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $143K
- **Utilities:** $48K
- **Jobs reported:** 19
## Lender
- **Originating:** City National Bank of Florida
- **Servicing:** City National Bank of Florida (FL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*