As part of the Paycheck Protection Program POWELL WATSON MOTORS 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 WATSON MOTORS INC


Loan Amount	$1,562,600
BusinessName	POWELL WATSON MOTORS INC
Address	6324 BOB BULLOCK LOOP
City	LAREDO
State	TX
Zip	78041
NAICSCode	441110
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	162
DateApproved	04/08/2020
Lender	Texas Community Bank
CD	TX-28
BusinessName.clean	POWELL WATSON MOTORS

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

POWELLS BOOKS
POWER CONSTRUCTION GROUP
POWER AND RUBBER SUPPLY
POWER AUTO
POWER BAIL BONDS