As part of the Paycheck Protection Program YOUNGBERG INDUSTRIES, 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.

YOUNGBERG INDUSTRIES, INC


Loan Amount	$1,139,200
BusinessName	YOUNGBERG INDUSTRIES, INC
Address	6863 INDY DR
City	BELVIDERE
State	IL
Zip	61008
NAICSCode	332710
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	72
DateApproved	04/11/2020
Lender	Illinois Bank & Trust
CD	IL-16
BusinessName.clean	YOUNGBERG INDUSTRIES

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

YOUNGBLOOD AIR SYSTEMS
YOUNGBLOOD PAVING
YOUNGDAHL ASSOCIATES
YOUNGER SONS MANUCO
YOUNGER MFG CO