Summary of PPP (Paycheck Protection Program) Loan approved to MADISON ELECTRIC COMPANY by Comerica Bank. The loan was approved on 4/29/2020 in the range of $2-5 million.
| Name: |
MADISON ELECTRIC COMPANY31855 VAN DYKE AVENUEWARREN, MI 48093 |
| Business type: | Corporation
Merchant Wholesalers, Durable Goods → Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers |
| Non-profit: | No |
| Loan amount: | $2-5 million
(50 Jobs retained) |
| Date approved: | April 29, 2020 |
| Lender | Comerica Bank |
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.