Powell Electronics Inc.

$3,735,626 PPP Loan in Swedesboro, New Jersey

Loan Details

Loan Number
6839607109
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$3,735,626
Current Approval
$3,735,626
Forgiveness Amount
$3,778,202
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Powell Electronics Inc.
Address
200 Commodore Dr
ZIP Code
08085-1270
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (423690)
Business Age
Existing or more than 2 years old
Jobs Reported
220
Estimated Revenue
$67.4M
Rural/Urban
Urban
Congressional District
NJ-02

Loan Use Breakdown

Payroll
$3,735,626

Lender Information

Servicing Lender
Santander Bank, National Association
Originating Lender
Santander Bank, National Association

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