As part of the Paycheck Protection Program POWER FACTOR ELECTRIC, 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.

POWER FACTOR ELECTRIC, INC


Loan Amount	$1,029,242
BusinessName	POWER FACTOR ELECTRIC, INC
Address	4011 Alvis Ct.,Suite 4
City	Rocklin
State	CA
Zip	95677
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	100
DateApproved	04/11/2020
Lender	Cross River Bank
CD	CA-04
BusinessName.clean	POWER FACTOR ELECTRIC

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.

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