As part of the Paycheck Protection Program MCWILLIAMS ELECTRIC COMPANY 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.

MCWILLIAMS ELECTRIC COMPANY INC


Loan Amount	$2,011,900
BusinessName	MCWILLIAMS ELECTRIC COMPANY INC
Address	1401 RODENBURG RD
City	SCHAUMBURG
State	IL
Zip	60193
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	40
DateApproved	04/08/2020
Lender	Itasca Bank & Trust Co.
CD	IL-08
BusinessName.clean	MCWILLIAMS ELECTRIC COMPANY

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.

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