As part of the Paycheck Protection Program NATIONAL MAGNETICS GROUP, 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 MAGNETICS GROUP, INC


Loan Amount	$1,765,800
BusinessName	NATIONAL MAGNETICS GROUP, INC
Address	1210 Win Drive
City	BETHLEHEM
State	PA
Zip	18017
NAICSCode	327110
BusinessType	Corporation
RaceEthnicity	White
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	125
DateApproved	04/05/2020
Lender	Fidelity Deposit and Discount Bank
CD	PA-07
BusinessName.clean	NATIONAL MAGNETICS GROUP

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 MAINTENANCE BUILD OUT CO
NATIONAL MANUFACTURING COMPANY
NATIONAL MARINE MAMMAL FOUNDATION
NATIONAL MARINE SUPPLIERS
NATIONAL MARKER COMPANY