As part of the Paycheck Protection Program POWERTEK CORPORATION 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.

POWERTEK CORPORATION


Loan Amount	$2,645,600
BusinessName	POWERTEK CORPORATION
Address	9420 KEY WEST AVE
City	ROCKVILLE
State	MD
Zip	20850
NAICSCode	541511
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	134
DateApproved	04/09/2020
Lender	United Bank
CD	MD-06
BusinessName.clean	POWERTEK

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

POWERTEK ELECTRIC
POWERTHERM COMPANY
POWERWORKS ELECTRIC
POWILL MANUFACTURING AND ENGINEERING
POWIN ENERGY