As part of the Paycheck Protection Program PEERLESS MACHINE & TOOL CORPORATION 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 MACHINE & TOOL CORPORATION

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 OF AMERICA II
PEERLESS PRODUCTS
ARMSTRONG MECHANICAL COMPANY
PEERLESS SAW COMPANY
PEERLESS STEEL COMPANY