POWERCON CORPORATION

Summary of PPP (Paycheck Protection Program) Loan approved to POWERCON CORPORATION by First National Bank of Pennsylvania. The loan was approved on 4/05/2020 in the range of $5-10 million.

Business Information

Name:	POWERCON CORPORATION 1551 FLORIDA AVE SEVERN, MD 21144
Business type:	Corporation Electrical Equipment, Appliance, and Component Manufacturing → Switchgear and Switchboard Apparatus Manufacturing
Non-profit:	No
Loan amount:	$5-10 million (50 Jobs retained)
Date approved:	April 05, 2020
Lender	First National Bank of Pennsylvania

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Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.