Summary of PPP (Paycheck Protection Program) Loan approved to SCHWARTZ & COMPANY ENTERPRISES, LTD by Farmers & Merchants Savings Bank. The loan was approved on 4/04/2020 in the range of $350,000-1 million.
| Name: |
SCHWARTZ & COMPANY ENTERPRISES, LTD1025 63RD AVE SWCEDAR RAPIDS, IA 52404 |
| Business type: | Employee Stock Ownership Plan(ESOP)
Machinery Manufacturing → Other Commercial and Service Industry Machinery Manufacturing |
| Non-profit: | No |
| Loan amount: | $350,000-1 million
(50 Jobs retained) |
| Date approved: | April 04, 2020 |
| Lender | Farmers & Merchants Savings Bank |
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.