As part of the Paycheck Protection Program POWELL ELECTRONICS INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

POWELL ELECTRONICS INC


Loan Amount	$3,735,626
BusinessName	POWELL ELECTRONICS INC
Address	200 COMMODORE DR
City	SWEDESBORO
State	NJ
Zip	8085
NAICSCode	423690
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	220
DateApproved	04/14/2020
Lender	Santander Bank, National Association
CD	NJ-01
BusinessName.clean	POWELL ELECTRONICS

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

ARTISAN INDUSTRIES
POWELL RECOVERY CENTER
POWELL TRANSPORTATION COMPANY
POWELL VALLEY ELECTRIC COOPERATIVE
POWELL VALLEY HEALTCH CARE