As part of the Paycheck Protection Program MAJESTIC STEEL USA, 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.

MAJESTIC STEEL USA, INC


Loan Amount	$5,318,520
BusinessName	MAJESTIC STEEL USA, INC
Address	31099 Chagrin Blvd STE 150
City	Cleveland
State	OH
Zip	44124
NAICSCode	423510
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	329
DateApproved	04/09/2020
Lender	JPMorgan Chase Bank, National Association
CD	OH-11
BusinessName.clean	MAJESTIC STEEL USA

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

MAJIK ENTERPRISES INTERNATIONAL
MAJOR AND ASSOCIATES
MAJOR CEMENT COMPANY
ANDREWS GLOBAL SECURITY
MAJOR LEAGUE RUGBY