As part of the Paycheck Protection Program NATIONAL ELECTRIC COIL 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.

NATIONAL ELECTRIC COIL INC


Loan Amount	$3,576,700
BusinessName	NATIONAL ELECTRIC COIL INC
Address	3330 E 14TH ST
City	BROWNSVILLE
State	TX
Zip	78521
NAICSCode	423830
BusinessType	Partnership
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	296
DateApproved	04/08/2020
Lender	International Bank of Commerce
CD	TX-34
BusinessName.clean	NATIONAL ELECTRIC COIL

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

NATIONAL ELECTRIC WORKS
NATIONAL ELECTRICAL CONTRACTING CO
NATIONAL ELECTROSTATICS CORP
NATIONAL ELEVATOR CAB DOOR CORP
NATIONAL EMPLOYEE BENEFITS ADMINISTRATORS