As part of the Paycheck Protection Program SYSTRAND MANUFACTURING CORP 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.

SYSTRAND MANUFACTURING CORP


Loan Amount	$2,443,277
BusinessName	SYSTRAND MANUFACTURING CORP
Address	19050 Allen Rd.
City	Brownstown
State	MI
Zip	48183
NAICSCode	336310
BusinessType	Sole Proprietorship
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	204
DateApproved	04/09/2020
Lender	JPMorgan Chase Bank, National Association
CD	MI-12
BusinessName.clean	SYSTRAND MANUFACTURING CORP

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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