As part of the Paycheck Protection Program POWERRIDE MOTORSPORTS 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.

POWERRIDE MOTORSPORTS INC


Loan Amount	$1,277,290
BusinessName	POWERRIDE MOTORSPORTS INC
Address	435 S WASHINGTON ST
City	FALLS CHURCH
State	VA
Zip	22046
NAICSCode	451110
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	135
DateApproved	04/09/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	VA-08
BusinessName.clean	POWERRIDE MOTORSPORTS

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

POWERS AND SONS CONSTRUCTION CO
POWERS BROWN ARCHITECTURE MANAGEMENT
ARTISANAL BREWERS COLLECTIVE
POWERS PET EMERGENCY SERVICES OF COLORADO SPRINGS
POWERS PYLES SUTTER VERVILLE PC