As part of the Paycheck Protection Program NATIONAL RAILWAY EQUIPMENT CO 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 RAILWAY EQUIPMENT CO


Loan Amount	$6,073,000
BusinessName	NATIONAL RAILWAY EQUIPMENT CO
Address	1100 SHAWNEE ST
City	MOUNT VERNON
State	IL
Zip	62864
NAICSCode	488210
BusinessType	Employee Stock Ownership Plan(ESOP)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	494
DateApproved	04/03/2020
Lender	Community First Bank of the Heartland
CD	IL-12
BusinessName.clean	NATIONAL RAILWAY EQUIPMENT CO

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 RAMAH COMMISSION
NATIONAL REAL ESTATE INSURANCE GROUP
NATIONAL REALTY DEVELOPMENT CORP
NATIONAL RECOVERIES
NATIONAL RECREATION AND PARK