As part of the Paycheck Protection Program CHICAGO MAGNESIUM CASTING COMPANY 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.

CHICAGO MAGNESIUM CASTING COMPANY


Loan Amount	$1,461,200
BusinessName	CHICAGO MAGNESIUM CASTING COMPANY
Address	14101 S. Seeley Avenue
City	BLUE ISLAND
State	IL
Zip	60406
NAICSCode	332999
BusinessType	Subchapter S Corporation
RaceEthnicity	Unanswered
Gender	Male Owned
Veteran	Unanswered
NonProfit
JobsReported	145
DateApproved	04/08/2020
Lender	Merchants and Manufacturers Bank
CD	IL-01
BusinessName.clean	CHICAGO MAGNESIUM CASTING COMPANY

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

CHICAGO MASTER MOVERS
CHICAGO MEAT AUTHORITY
CHICAGO METAL ROLLED PRODUCTS COMPANY
CHICAGO MOLD ENGINEERING CO
CHICAGO MUSIC EXCHANGE