FARMINGDALE, NY
As part of the Paycheck Protection Program B&F ELECTRIC MOTORS, INC was approved for a loan.
The Paycheck Protection Program (PPP) was designed to provide a direct incentive for small businesses to keep their workers on the payroll. It ended in August 2020, but a new PPP bill is being considered.
Loan Amount | $1,502,070 |
BusinessName | B&F ELECTRIC MOTORS, INC |
Address | 135 SCHMITT BLVD |
City | FARMINGDALE |
State | NY |
Zip | 11735 |
NAICSCode | 423610 |
BusinessType | Subchapter S Corporation |
RaceEthnicity | Unanswered |
Gender | Unanswered |
Veteran | Unanswered |
NonProfit | |
JobsReported | 92 |
DateApproved | 04/05/2020 |
Lender | People's United Bank, National Association |
CD | NY-02 |
BusinessName.clean | B F ELECTRIC MOTORS |
The data come from a release of over 5 million records by the SBA in November, 2020.
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.
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