PPP Loan information for Powell electronics inc.

$3,735,626

Powell electronics inc. was initially approved for PPP Loan of amount $3,735,626, the current approved amount is $3,735,626. The loan was approved on 04/14/2020 by The Santander Bank, National Association reported 220 jobs and $3,735,626 was used to fund payroll.

Powell electronics inc. is Existing or more than 2 years old

PPP Loan Search / NJ / SWEDESBORO / Powell electronics inc.

POWELL ELECTRONICS INC.

Date Approved

04/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

POWELL ELECTRONICS INC.

Borrower Address

200 COMMODORE DR

Borrower City

SWEDESBORO

Borrower State

NJ

Borrower Zip

08085-1270

Loan Status Date

07/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3735626.00

Current Approval Amount

3735626.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84894

Servicing Lender Name

Santander Bank, National Association

Servicing Lender Address

824 N Market St, Ste 100

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-4937

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SWEDESBORO

Project County Name

GLOUCESTER

Project State

NJ

Project Zip

08085-1270

CD

NJ-02

Jobs Reported

220

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3735626.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

84894

Originating Lender

Santander Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3778201.90

Forgiveness Date

06/11/2021

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