As part of the Paycheck Protection Program SCOT FORGE COMPANY 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.

SCOT FORGE COMPANY


Loan Amount	$9,170,700
BusinessName	SCOT FORGE COMPANY
Address	8001 Winn Road
City	SPRING GROVE
State	IL
Zip	60081
NAICSCode	332111
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	500
DateApproved	04/27/2020
Lender	BMO Harris Bank National Association
CD	IL-14
BusinessName.clean	SCOT FORGE 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.

Other Organizations with PPP Loans

SCOT HELLER TRUCKING COMPANY
SCOTBILT HOMES
SCOTCH PLYWOOD COMPANY
SCOTIA GROUP MANAGEMENT
SCOTLAND COUNTY MEMORIAL HOSPITAL DISTRI