PREM MAGNETICS, INCORPORATED

Summary of PPP (Paycheck Protection Program) Loan approved to PREM MAGNETICS, INCORPORATED by Home State Bank, National Association. The loan was approved on 4/14/2020 in the range of $150,000-350,000.

Business Information

Name:

PREM MAGNETICS, INCORPORATED

3521 N CHAPEL HILL ROAD
MCHENRY, IL 60051
Business type: Corporation
Electrical Equipment, Appliance, and Component Manufacturing
→ Power, Distribution, and Specialty Transformer Manufacturing
Non-profit: No
Loan amount: $150,000-350,000
(50 Jobs retained)
Date approved: April 14, 2020
Lender Home State Bank, National Association

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.