As part of the Paycheck Protection Program NEAD 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.

NEAD ELECTRIC, INC


Loan Amount	$7,897,262
BusinessName	NEAD ELECTRIC, INC
Address	18 East UNION AVE
City	EAST RUTHERFORD
State	NJ
Zip	7073
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	380
DateApproved	04/12/2020
Lender	TD Bank, National Association
CD	NJ-09
BusinessName.clean	NEAD 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.

Other Organizations with PPP Loans

NEAD WERX
APPARATUS
NEAL HARWELL PLC
NEAL ANALYTICS
NEAL MAST AND SON