ARWOOD MACHINE CORPORATION

Summary of PPP (Paycheck Protection Program) Loan approved to ARWOOD MACHINE CORPORATION by Salem Five Cents Savings Bank. The loan was approved on 4/04/2020 in the range of $1-2 million.

Business Information

Name:	ARWOOD MACHINE CORPORATION 95 PARKER ST NEWBURYPORT, MA 01950
Business type:	Subchapter S Corporation Fabricated Metal Product Manufacturing → Machine Shops
Non-profit:	No
Loan amount:	$1-2 million (50 Jobs retained)
Date approved:	April 04, 2020
Lender	Salem Five Cents Savings 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.