As part of the Paycheck Protection Program MAGLINE 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.

MAGLINE INC


Loan Amount	$1,365,520
BusinessName	MAGLINE INC
Address	1205 West Cedar Street
City	STANDISH
State	MI
Zip	48658
NAICSCode	333924
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	107
DateApproved	04/10/2020
Lender	The Huntington National Bank
CD	MI-05
BusinessName.clean	MAGLINE

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

MAGNA ASSOCIATES
MAGNA FLOW INTERNATIONAL
MAGNA HOSPITALITY GROUP LC
MAGNA MACHINE CO
MAGNAPOWER ELECTRONICS