As part of the Paycheck Protection Program PEERLESS STEEL COMPANY 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 STEEL COMPANY


Loan Amount	$1,915,700
BusinessName	PEERLESS STEEL COMPANY
Address	2450 AUSTIN DR
City	TROY
State	MI
Zip	48083
NAICSCode	423510
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Female Owned
Veteran	Non-Veteran
NonProfit
JobsReported	176
DateApproved	04/05/2020
Lender	The Huntington National Bank
CD	MI-11
BusinessName.clean	PEERLESS STEEL 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

PEERLESS SURGICAL
PEERLESS TYRE CO
PEERLESS UMBRELLA CO
PEERLESSPREMIER APPLIANCE CO
PEERMUSIC III LTD