As part of the Paycheck Protection Program SCHETTER ELECTRIC 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.

SCHETTER ELECTRIC INC


Loan Amount	$4,059,600
BusinessName	SCHETTER ELECTRIC INC
Address	471 Bannon Street
City	SACRAMENTO
State	CA
Zip	95811
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	110
DateApproved	04/08/2020
Lender	Merchants Bank of Commerce
CD	CA-06
BusinessName.clean	SCHETTER ELECTRIC

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

SCHETTER ELECTRIC
SCHEURER HEALTHCARE NETWORK
SCHIBER TRUCK COMPANY
SCHIEFER MEDIA
SCHIEFFER CO INTERNATIONAL LC