As part of the Paycheck Protection Program MODEL ELECTRONICS, 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.

MODEL ELECTRONICS, INC


Loan Amount	$1,164,445
BusinessName	MODEL ELECTRONICS, INC
Address	615 E CRESCENT AVE
City	RAMSEY
State	NJ
Zip	7446
NAICSCode	423690
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	64
DateApproved	04/12/2020
Lender	TD Bank, National Association
CD	NJ-05
BusinessName.clean	MODEL ELECTRONICS

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

MODEL HOME INTERIORS
MODEL LINEN
MODEL MODEL HAIR FASHION
MODEL TWO MANAGEMENT
MODELS AND TOOLS