As part of the Paycheck Protection Program LIPPOLIS ELECTRIC, 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.

LIPPOLIS ELECTRIC, INC


Loan Amount	$6,141,825
BusinessName	LIPPOLIS ELECTRIC, INC
Address	25 Seventh Street
City	Pelham
State	NY
Zip	10803
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	0
DateApproved	04/10/2020
Lender	New York Business Development Corporation
CD	NY-16
BusinessName.clean	LIPPOLIS ELECTRIC

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

LIPSCOMB AND PITTS INSURANCE
LIPSCOMB FORD
LIPSEY COMMUNICATIONS
LIPSEY LOGISTICS WORLDWIDE
LIPSEY TRUCKING