As part of the Paycheck Protection Program POWERFULL 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.

POWERFULL ELECTRIC INC


Loan Amount	$2,041,200
BusinessName	POWERFULL ELECTRIC INC
Address	5316 VENICE BLVD
City	LOS ANGELES
State	CA
Zip	90019
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	216
DateApproved	04/29/2020
Lender	Sunwest Bank
CD	CA-37
BusinessName.clean	POWERFULL 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.

Other Organizations with PPP Loans

POWERGRID SERVICES
POWERHOUSE GRADING
POWERHOUSE MANAGEMENT
POWERHOUSE PLASTERING
POWERHOUSE RECYCLING