As part of the Paycheck Protection Program MUNSON 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.

MUNSON ELECTRIC, INC


Loan Amount	$1,565,400
BusinessName	MUNSON ELECTRIC, INC
Address	1704 Commerce Blvd
City	HIAWATHA
State	IA
Zip	52233
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	White
Gender	Female Owned
Veteran	Unanswered
NonProfit
JobsReported	66
DateApproved	04/04/2020
Lender	Farmers & Merchants Savings Bank
CD	IA-01
BusinessName.clean	MUNSON 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.

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APACHE MILLS