As part of the Paycheck Protection Program PEERLESS INDUSTRIES, 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.

PEERLESS INDUSTRIES, INC


Loan Amount	$4,407,308
BusinessName	PEERLESS INDUSTRIES, INC
Address	2300 WHITE OAK CIRCLE
City	AURORA
State	IL
Zip	60502
NAICSCode	334310
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	307
DateApproved	04/15/2020
Lender	Fifth Third Bank
CD	IL-11
BusinessName.clean	PEERLESS INDUSTRIES

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

PEERLESS MACHINE TOOL
PEERLESS OF AMERICA II
PEERLESS PRODUCTS
ARMSTRONG MECHANICAL COMPANY
PEERLESS SAW COMPANY