As part of the Paycheck Protection Program POWERTEK 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.

POWERTEK ELECTRIC INC


Loan Amount	$1,178,760
BusinessName	POWERTEK ELECTRIC INC
Address	4550 Birch Bay Lynden Rd
City	BLAINE
State	WA
Zip	98230
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	69
DateApproved	04/13/2020
Lender	Bank of the Pacific
CD	WA-01
BusinessName.clean	POWERTEK 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

POWERTHERM COMPANY
POWERWORKS ELECTRIC
POWILL MANUFACTURING AND ENGINEERING
POWIN ENERGY
POWTEC SOLUTIONS