Summary of PPP (Paycheck Protection Program) Loan approved to POWERLAB INC by The American National Bank of Texas. The loan was approved on 4/14/2020 in the range of $350,000-1 million.
| Name: |
POWERLAB INC1145 STATE HIGHWAY 34TERRELL, TX 75160 |
| Business type: | Subchapter S Corporation
Electrical Equipment, Appliance, and Component Manufacturing → Motor and Generator Manufacturing |
| Non-profit: | No |
| Loan amount: | $350,000-1 million
(50 Jobs retained) |
| Date approved: | April 14, 2020 |
| Lender | The American National Bank of Texas |
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.