As part of the Paycheck Protection Program SHAW ELECTRIC CO 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.

SHAW ELECTRIC CO


Loan Amount	$3,865,122
BusinessName	SHAW ELECTRIC CO
Address	22100 TELEGRAPH RD
City	SOUTHFIELD
State	MI
Zip	48033
NAICSCode	238210
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	155
DateApproved	04/15/2020
Lender	Bank of America, National Association
CD	MI-14
BusinessName.clean	SHAW ELECTRIC 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

SHAW ELECTRIC CO
SHAW ELECTRIC
SHAW FAMILY HOLDINGS
SHAW GLASS HOLDINGS
SHAW HARBOR GLOBAL SERVICES