Thing that gets my attention David, is that it started then stopped. I'm assuming you hadn't actually started running a board through when it quit?
It really sounds like there's a break in the cct. somewhere(?). As others have said, if it were a motor issue you should have had some kind of indication before it died.
You're getting power on the load side of the switch so that (probably) eliminates everything between the load side of that switch and the panel.
Are there any safety interlocks of any kind, other than the breaker?