As part of the Paycheck Protection Program MOTOR TECHNOLOGY 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.

MOTOR TECHNOLOGY INC


Loan Amount	$1,744,800
BusinessName	MOTOR TECHNOLOGY INC
Address	515 WILLOW SPRINGS LN
City	YORK
State	PA
Zip	17406
NAICSCode	335312
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	96
DateApproved	04/15/2020
Lender	PNC Bank, National Association
CD	PA-10
BusinessName.clean	MOTOR TECHNOLOGY

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

MOTOR TRUCK EQUIPMENT COMPANY
MOTOR TRUCKS INTERNATIONAL AND IDEALEASE
MOTOR WERKS OF BARRINGTON
MOTORAD OF AMERICA
MOTORAMBAR