As part of the Paycheck Protection Program REA MAGNET WIRE 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.

REA MAGNET WIRE COMPANY, INC


Loan Amount	$9,282,870
BusinessName	REA MAGNET WIRE COMPANY, INC
Address	3400 E. Coliseum Blvd. Ste 200
City	Fort Wayne
State	IN
Zip	46805
NAICSCode	331420
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	498
DateApproved	04/09/2020
Lender	JPMorgan Chase Bank, National Association
CD	IN-03
BusinessName.clean	REA MAGNET WIRE 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.

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