STOBER DRIVES INC

Summary of PPP (Paycheck Protection Program) Loan approved to STOBER DRIVES INC by The Huntington National Bank. The loan was approved on 4/14/2020 in the range of $2-5 million.

Business Information

Name:	STOBER DRIVES INC 1781 DOWNING DR MAYSVILLE, KY 41056
Business type:	Corporation Machinery Manufacturing → Speed Changer, Industrial High-Speed Drive, and Gear Manufacturing
Non-profit:	No
Loan amount:	$2-5 million (50 Jobs retained)
Date approved:	April 14, 2020
Lender	The Huntington National Bank

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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.