Summary of PPP (Paycheck Protection Program) Loan approved to MOTOR TECHNOLOGY INC by PNC Bank, National Association. The loan was approved on 4/15/2020 in the range of $1-2 million.
| Name: |
MOTOR TECHNOLOGY INC515 WILLOW SPRINGS LNYORK, PA 17406 |
| Business type: | Corporation
Electrical Equipment, Appliance, and Component Manufacturing → Motor and Generator Manufacturing |
| Non-profit: | No |
| Loan amount: | $1-2 million
(50 Jobs retained) |
| Date approved: | April 15, 2020 |
| Lender | PNC Bank, National Association |
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.