As part of the Paycheck Protection Program SATELLITE 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.

SATELLITE INDUSTRIES INC


Loan Amount	$4,188,914
BusinessName	SATELLITE INDUSTRIES INC
Address	2530 XENIUM LANE N
City	PLYMOUTH
State	MN
Zip	55441
NAICSCode	326199
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported
DateApproved	05/01/2020
Lender	Wells Fargo Bank, National Association
CD	MN-03
BusinessName.clean	SATELLITE 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

SATELLITE SERVICES
SATELLITE SHELTERS
SATELLITE TOOL MACHINE CO
SATELLITES UNLIMITED
SATEO