As part of the Paycheck Protection Program POWERWORKS ELECTRIC, LLC 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.

POWERWORKS ELECTRIC, LLC


Loan Amount	$1,996,500
BusinessName	POWERWORKS ELECTRIC, LLC
Address	160 GASOLINE ALY
City	MOORESVILLE
State	NC
Zip	28117
NAICSCode	238210
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	164
DateApproved	04/10/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	NC-13
BusinessName.clean	POWERWORKS 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

POWILL MANUFACTURING AND ENGINEERING
POWIN ENERGY
POWTEC SOLUTIONS
POY HOLDINGS
POYDRAS HOME