As part of the Paycheck Protection Program LEONE ELECTRIC CO., INC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

LEONE ELECTRIC CO., INC


Loan Amount	$1,591,145
BusinessName	LEONE ELECTRIC CO., INC
Address	473 US HIGHWAY 46
City	CLIFTON
State	NJ
Zip	7011
NAICSCode	221118
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	124
DateApproved	04/30/2020
Lender	Bank of America, National Association
CD	NJ-09
BusinessName.clean	LEONE ELECTRIC CO

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

LEONELLI RESTAURANTS
LEONHARDT MANUFACTURING ESOP
LEOPALACE GUAM
LEOPARD USA LTD
LEP HOLDINGS