ROCKFORD, IL
As part of the Paycheck Protection Program MOTOR PARTS & EQUIPMENT CORPORATION 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.
| Loan Amount | $3,602,300 |
| BusinessName | MOTOR PARTS & EQUIPMENT CORPORATION |
| Address | 1670 Northrock Court |
| City | ROCKFORD |
| State | IL |
| Zip | 61103 |
| NAICSCode | 441310 |
| BusinessType | Corporation |
| RaceEthnicity | Unanswered |
| Gender | Unanswered |
| Veteran | Unanswered |
| NonProfit | |
| JobsReported | 500 |
| DateApproved | 04/07/2020 |
| Lender | Wheaton Bank & Trust Company, National Association |
| CD | IL-16 |
| BusinessName.clean | MOTOR PARTS EQUIPMENT |
The data come from a release of over 5 million records by the SBA in November, 2020.
Entities affected by Coronavirus (COVID-19) may have been eligible, including:
More info about the PPP is available from the Small Business Administration.
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