As part of the Paycheck Protection Program STONHAM MOTOR 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.

STONHAM MOTOR CO INC


Loan Amount	$1,861,132
BusinessName	STONHAM MOTOR CO INC
Address	185 MAIN ST
City	STONEHAM
State	MA
Zip	2180
NAICSCode	441110
BusinessType	Subchapter S Corporation
RaceEthnicity	White
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	141
DateApproved	04/07/2020
Lender	Eastern Bank
CD	MA-05
BusinessName.clean	STONHAM MOTOR 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

STONY APPAREL CORP
STONY BROOK ANAESTHESIOLOGY UNIVERSITY FACULTY PRACTICE COR
STONY BROOK CHILDRENS SERVICE UFPC
STONY BROOK EMERGENCY PHYSICIANS UNIVERSITY FACULTY PRACTIC
STONY BROOK FOUNDATION