As part of the Paycheck Protection Program MORGAL MACHINE TOOL 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.

MORGAL MACHINE TOOL CO


Loan Amount	$1,043,652
BusinessName	MORGAL MACHINE TOOL CO
Address	2100 S YELLOW SPRINGS ST
City	SPRINGFIELD
State	OH
Zip	45506
NAICSCode	336370
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	87
DateApproved	04/08/2020
Lender	The Park National Bank
CD	OH-08
BusinessName.clean	MORGAL MACHINE TOOL 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.

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MORGAN MORGAN JACKSONVILLE MANAGEMENT
MORGAN MORGAN KENTUCKY MANAGEMENT
MORGAN MORGAN MEMPHIS MANAGEMENT