Summary of PPP (Paycheck Protection Program) Loan approved to MEGATRAN INDUSTRIES INC by Manufacturers and Traders Trust Company. The loan was approved on 4/15/2020 in the range of $2-5 million.
| Name: |
MEGATRAN INDUSTRIES INC312 RISING SUN ROADBORDENTOWN, NJ 08505 |
| Business type: | Subchapter S Corporation
Computer and Electronic Product Manufacturing → Capacitor, Resistor, Coil, Transformer, and Other Inductor Manufacturing |
| Non-profit: | No |
| Loan amount: | $2-5 million
(50 Jobs retained) |
| Date approved: | April 15, 2020 |
| Lender | Manufacturers and Traders Trust Company |
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.