As part of the Paycheck Protection Program SWISS PRECISION MACHINING 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.

SWISS PRECISION MACHINING INC


Loan Amount	$1,623,874
BusinessName	SWISS PRECISION MACHINING INC
Address	634 Glenn Ave
City	WHEELING
State	IL
Zip	60090
NAICSCode	332721
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported
DateApproved	04/11/2020
Lender	First American Bank
CD	IL-10
BusinessName.clean	SWISS PRECISION MACHINING

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.

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