SGM MAGNETICS CORP

Summary of PPP (Paycheck Protection Program) Loan approved to SGM MAGNETICS CORP by Community Bank. The loan was approved on 4/27/2020 in the range of $350,000-1 million.

Business Information

Name:

SGM MAGNETICS CORP

2023 59TH TER
BRADENTON, FL 34203
Business type: Corporation
Computer and Electronic Product Manufacturing
→ Computer Storage Device Manufacturing
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 27, 2020
Lender Community Bank

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.