ETO MAGNETIC CORP.

Summary of PPP (Paycheck Protection Program) Loan approved to ETO MAGNETIC CORP. by HSBC Bank USA, National Association. The loan was approved on 4/27/2020 in the range of $1-2 million.

Business Information

Name:

ETO MAGNETIC CORP.

5925 PATTERSON SE
GRAND RAPIDS, MI 49512
Business type: Corporation
Electrical Equipment, Appliance, and Component Manufacturing
→ Relay and Industrial Control Manufacturing
Non-profit: No
Loan amount: $1-2 million
(50 Jobs retained)
Date approved: April 27, 2020
Lender HSBC Bank USA, 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.