As part of the Paycheck Protection Program POWER MECHANICAL, 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 MECHANICAL, INC


Loan Amount	$1,663,000
BusinessName	POWER MECHANICAL, INC
Address	4811 COMMERCE DR
City	NEWPORT NEWS
State	VA
Zip	23607
NAICSCode	333613
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	116
DateApproved	04/10/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	VA-03
BusinessName.clean	POWER MECHANICAL

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

POWER MOTIVE
POWER OF DESIGN GROUP
POWER ONE
POWER PACKING CO
POWER PALLET INCORPORATED