As part of the Paycheck Protection Program SEVERANCE TRUCKING CO., 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.

SEVERANCE TRUCKING CO., INC


Loan Amount	$900,665
BusinessName	SEVERANCE TRUCKING CO., INC
Address	49 MCGRATH RD
City	DRACUT
State	MA
Zip	1826
NAICSCode	484121
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	63
DateApproved	04/15/2020
Lender	Northmark Bank
CD	MA-03
BusinessName.clean	SEVERANCE TRUCKING CO

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

SEVEREGN FURNITURE MANAGEMENT CO
SEVERINO TRUCKING CO
SEVERN MANAGEMENT COMPANY
SEVERN SCHOOL
SEVERNA PARK SUBS