MECHANICAL TOOL & ENGINEERING COMPANY

Summary of PPP (Paycheck Protection Program) Loan approved to MECHANICAL TOOL & ENGINEERING COMPANY by Northwest Bank of Rockford. The loan was approved on 4/09/2020 in the range of $2-5 million.

Business Information

Name:

MECHANICAL TOOL & ENGINEERING COMPANY

4701 KISHWAUKEE STREET
ROCKFORD, IL 61109
Business type: Corporation
Machinery Manufacturing
→ Fluid Power Pump and Motor Manufacturing
Non-profit: No
Loan amount: $2-5 million
(50 Jobs retained)
Date approved: April 09, 2020
Lender Northwest Bank of Rockford

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.