MAGNET PAINT & SHELLAC CO, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to MAGNET PAINT & SHELLAC CO, INC. by Peoples Bank of Alabama. The loan was approved on 4/13/2020 in the range of $150,000-350,000.

Business Information

Name:

MAGNET PAINT & SHELLAC CO, INC.

310 COUNTY ROAD 1246
CULLMAN, AL 35057
Business type: Corporation
Chemical Manufacturing
→ Paint and Coating Manufacturing
Non-profit: No
Loan amount: $150,000-350,000
(50 Jobs retained)
Date approved: April 13, 2020
Lender Peoples Bank of Alabama

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.