As part of the Paycheck Protection Program NEC, 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.

NEC, INC


Loan Amount	$897,600
BusinessName	NEC, INC
Address	618 14th Avenue SW
City	CEDAR RAPIDS
State	IA
Zip	52404
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	54
DateApproved	04/07/2020
Lender	Ohnward Bank & Trust
CD	IA-01
BusinessName.clean	NEC

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

NECCO
NECCO
NECTAR SERVICES CORP
NED E DICKEY AND ASSOCIATES
NED MANAGEMENT LIMITED PARTNERSHIP