As part of the Paycheck Protection Program PARAMOUNT MACHINE COMPANY, 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.

PARAMOUNT MACHINE COMPANY, INC


Loan Amount	$1,609,133
BusinessName	PARAMOUNT MACHINE COMPANY, INC
Address	138 Sanrico Dr
City	Manchester
State	CT
Zip	6042
NAICSCode	332710
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	93
DateApproved	05/01/2020
Lender	Bank of America, National Association
CD	CT-01
BusinessName.clean	PARAMOUNT MACHINE COMPANY

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

PARAMOUNT MARKETING CONSULTANTS
PARAMOUNT MARKETING GROUP
PARAMOUNT MEADOWS NURSING CENTER
PARAMOUNT MECHANICAL
PARAMOUNT MOTOR SALES