As part of the Paycheck Protection Program MGM TRANSFORMER CO 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.

MGM TRANSFORMER CO


Loan Amount	$1,047,800
BusinessName	MGM TRANSFORMER CO
Address	5701 SMITHWAY ST
City	COMMERCE
State	CA
Zip	90040
NAICSCode	335311
BusinessType	Corporation
RaceEthnicity	White
Gender	Female Owned
Veteran	Non-Veteran
NonProfit
JobsReported	77
DateApproved	04/10/2020
Lender	Comerica Bank
CD	CA-40
BusinessName.clean	MGM TRANSFORMER CO

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

MGMT FIVE
MGQ
MGR CLEANUP
ANNANDALE MILLWORK AND ALLIED SYSTEMS
MGS