As part of the Paycheck Protection Program MCGRATH AUTOMOTIVE 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.

MCGRATH AUTOMOTIVE INC


Loan Amount	$1,001,107
BusinessName	MCGRATH AUTOMOTIVE INC
Address	400 E OGDEN AVE
City	WESTMONT
State	IL
Zip	60559
NAICSCode	441110
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	79
DateApproved	04/15/2020
Lender	Bank of America, National Association
CD	IL-06
BusinessName.clean	MCGRATH AUTOMOTIVE

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

MCGRATH CITY HYUNDAI
MCGRATH ELECTRIC
MCGRATH ENTERPRISES
MCGRATH IMPORTS
MCGRATH MOTORS