As part of the Paycheck Protection Program SHERMAN MECHANICAL 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.

SHERMAN MECHANICAL INC


Loan Amount	$3,452,600
BusinessName	SHERMAN MECHANICAL INC
Address	1075 Alexander Court
City	CARY
State	IL
Zip	60013
NAICSCode	333415
BusinessType	Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Non-Veteran
NonProfit
JobsReported	135
DateApproved	04/03/2020
Lender	Home State Bank, National Association
CD	IL-06
BusinessName.clean	SHERMAN MECHANICAL

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

SHERMAN OPERATING COMPANY
SHERMANABRAMS LABORATORY
SHERMANS PLACE
SHERPA 6
SHERPA