ALBANY MAGNETO EQUIPMENT, INC.

Summary of PPP (Paycheck Protection Program) Loan approved to ALBANY MAGNETO EQUIPMENT, INC. by Umpqua Bank. The loan was approved on 5/14/2020 in the range of $350,000-1 million.

Business Information

Name:

ALBANY MAGNETO EQUIPMENT, INC.

402 HAZEL ST
JEFFERSON, OR 97352
Business type: Corporation
Electrical Equipment, Appliance, and Component Manufacturing
→ Motor and Generator Manufacturing
Non-profit: No
Loan amount: $350,000-1 million
(50 Jobs retained)
Date approved: May 14, 2020
Lender Umpqua Bank

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.