Powerful Electric, Inc.

$1,813,505 PPP Loan in Los Angeles, California

Loan Details

Loan Number
3488478303
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$1,813,505
Current Approval
$1,813,505
Forgiveness Amount
$1,834,621
Forgiveness Date
Mar 30, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Powerful Electric, Inc.
Address
5316 Venice Blvd
ZIP Code
90019-5238
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
135
Estimated Revenue
$44.4M
Rural/Urban
Urban
Congressional District
CA-37

Loan Use Breakdown

Payroll
$1,813,505

Lender Information

Servicing Lender
Sunwest Bank
Originating Lender
Sunwest Bank

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