POWELL ELECTRONICS INC.

Summary of PPP (Paycheck Protection Program) Loan approved to POWELL ELECTRONICS INC. by Santander Bank, National Association. The loan was approved on 4/14/2020 in the range of $2-5 million.

Business Information

Name:

POWELL ELECTRONICS INC.

200 COMMODORE DR
SWEDESBORO, NJ 08085
Business type: Corporation
Merchant Wholesalers, Durable Goods
→ Other Electronic Parts and Equipment Merchant Wholesalers
Non-profit: No
Loan amount: $2-5 million
(50 Jobs retained)
Date approved: April 14, 2020
Lender Santander Bank, National Association

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.