MAGNETIC PRODUCTS INC

Summary of PPP (Paycheck Protection Program) Loan approved to MAGNETIC PRODUCTS INC by PNC Bank, National Association. The loan was approved on 4/14/2020 in the range of $350,000-1 million.

Business Information

Name:

MAGNETIC PRODUCTS INC

683 TOWN CENTER DR
HIGHLAND, MI 48356
Business type: Corporation
Machinery Manufacturing
→ Food Product Machinery Manufacturing
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: April 14, 2020
Lender PNC Bank, 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.