Powerlab INC

$754,092 PPP Loan in Terrell, Texas

Loan Details

Loan Number
3102368401
Date Approved
Feb 4, 2021
Loan Status
Paid in Full
Initial Approval
$754,092
Current Approval
$754,092
Forgiveness Amount
$757,914
Forgiveness Date
Aug 17, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Powerlab INC
Address
1145 State Highway 34 S
State
Texas
ZIP Code
75160-4550
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (335312)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$10.5M
Rural/Urban
Rural
Congressional District
TX-05

Loan Use Breakdown

Payroll
$754,092

Lender Information

Servicing Lender
The American National Bank of Texas
Originating Lender
The American National Bank of Texas

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