As part of the Paycheck Protection Program METHODS MACHINE TOOLS 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.

METHODS MACHINE TOOLS INC


Loan Amount	$7,468,112
BusinessName	METHODS MACHINE TOOLS INC
Address	65 Union Ave
City	SUDBURY
State	MA
Zip	1776
NAICSCode	333517
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	323
DateApproved	04/15/2020
Lender	Bank of America, National Association
CD	MA-05
BusinessName.clean	METHODS MACHINE TOOLS

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

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METKO
METLANG
METLFAB