As part of the Paycheck Protection Program MCLAUGHLIN MOTORS, 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.

MCLAUGHLIN MOTORS, INC


Loan Amount	$1,005,300
BusinessName	MCLAUGHLIN MOTORS, INC
Address	4101 41ST ST
City	MOLINE
State	IL
Zip	61265
NAICSCode	441110
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	94
DateApproved	04/07/2020
Lender	Signature Bank
CD	IL-17
BusinessName.clean	MCLAUGHLIN MOTORS

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

MCLB
MCLEAS TIRE SERVICES
MCLEAD ADDICTIVE DISEASE CENTER
MCLEAN BEHM STEEL ERECTORS
MCLEAN BIBLE CHURCH