As part of the Paycheck Protection Program SCHAFFNER MTC LLC 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.

SCHAFFNER MTC LLC


Loan Amount	$1,317,000
BusinessName	SCHAFFNER MTC LLC
Address	826 Fairview Road
City	Wytheville
State	VA
Zip	24382
NAICSCode	335311
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	White
Gender	Female Owned
Veteran	Non-Veteran
NonProfit
JobsReported	103
DateApproved	05/05/2020
Lender	First Sentinel Bank
CD	VA-09
BusinessName.clean	SCHAFFNER MTC

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

SCHAGRIN GAS CO
SCHAIBLES PLUMBING HEATING
SCHALLER AUTO WORLD INCORPORATED
SCHAMBER ELECTRIC SONS
SCHAMBERGER BROS