As part of the Paycheck Protection Program PHILLIPS PRECISION, 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.

PHILLIPS PRECISION, INC


Loan Amount	$2,705,200
BusinessName	PHILLIPS PRECISION, INC
Address	7 Paul Kohner Place
City	Elmwood Park
State	NJ
Zip	7407
NAICSCode	339112
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	187
DateApproved	04/09/2020
Lender	JPMorgan Chase Bank, National Association
CD	NJ-09
BusinessName.clean	PHILLIPS PRECISION

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

PHILLIPS PROGRAMS
PHILLIPS SALES
PHILLIPS SCREW COMPANY
PHILLIPS SERVICE INDUSTRIES
PHILLIPSBURG EASTON VEHICLE SALES