As part of the Paycheck Protection Program MKD ELECTRIC, 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.

MKD ELECTRIC, INC


Loan Amount	$6,654,400
BusinessName	MKD ELECTRIC, INC
Address	2590 Alft Ln. Unit A
City	ELGIN
State	IL
Zip	60124
NAICSCode	238210
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	340
DateApproved	04/06/2020
Lender	St. Charles Bank & Trust Company, National Association
CD	IL-14
BusinessName.clean	MKD ELECTRIC

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

MKEC ENGINEERING
MKG ENTERPRISES
MKHT CORP
MKJC AUTO GROUP
MKM HOLDINGS