# PPP loan: POWER RESOURCES INTERNATIONAL INC.
> **$1.12M** approved 01/31/2021 · Paid in Full · Loan `9953758308`
## Borrower
- **Name:** POWER RESOURCES INTERNATIONAL INC.
- **Address:** 31 Nancy St, West Babylon, NY, 11704-1403
- **NAICS:** 238210
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 05/04/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.12M
- **Jobs reported:** 58
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*