As part of the Paycheck Protection Program SWIFT ELECTRICAL SUPPLY 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.

SWIFT ELECTRICAL SUPPLY CO


Loan Amount	$1,143,100
BusinessName	SWIFT ELECTRICAL SUPPLY CO
Address	100 HOLLISTER RD
City	TETERBORO
State	NJ
Zip	7608
NAICSCode	335122
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	9
DateApproved	04/16/2020
Lender	Webster Bank, National Association
CD	NJ-09
BusinessName.clean	SWIFT ELECTRICAL SUPPLY 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

SWIFT ENTERPRISES
SWIFT GLASS CO
SWIFT HEALTH SYSTEMS
SWIFT INDUSTRIAL POWER
SWIFT INDUSTRIES