As part of the Paycheck Protection Program SHAMIT MANAGEMENT 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.

SHAMIT MANAGEMENT INC


Loan Amount	$1,486,600
BusinessName	SHAMIT MANAGEMENT INC
Address	4465 MONTGOMERY RD
City	ELLICOTT CITY
State	MD
Zip	21043
NAICSCode	999990
BusinessType	Corporation
RaceEthnicity	Asian
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	212
DateApproved	05/01/2020
Lender	PNC Bank, National Association
CD	MD-07
BusinessName.clean	SHAMIT MANAGEMENT

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

SHAMROCK BOLT AMP SCREW LTD
SHAMROCK BUILDING MATERIALS
SHAMROCK CABINET FIX CORP
AVAIR
SHAMROCK CARTAGE