As part of the Paycheck Protection Program MACHINE CONCEPTS 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.

MACHINE CONCEPTS INC


Loan Amount	$1,187,824
BusinessName	MACHINE CONCEPTS INC
Address	2167 STATE ROUTE 66
City	MINSTER
State	OH
Zip	45865
NAICSCode	332999
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	88
DateApproved	04/06/2020
Lender	First National Bank in New Bremen
CD	OH-04
BusinessName.clean	MACHINE CONCEPTS

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

MACHINE DYNAMICS ENGINEERING
MACHINE MAINTENANCE
MACHINE PRO TECHNOLOGIES
MACHINE SCIENCES
MACHINE SPECIALTIES