Summary of PPP (Paycheck Protection Program) Loan approved to FLANDERS ELECTRIC MOTOR SERVICE INC by Bank of America, National Association. The loan was approved on 4/29/2020 in the range of $5-10 million.
| Name: |
FLANDERS ELECTRIC MOTOR SERVICE INC8101 BAUMGART ROADEVANSVILLE, IN 47725 |
| Business type: | Corporation
Electrical Equipment, Appliance, and Component Manufacturing → Motor and Generator Manufacturing |
| Non-profit: | No |
| Loan amount: | $5-10 million
(50 Jobs retained) |
| Date approved: | April 29, 2020 |
| Lender | Bank of America, National Association |
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.