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United States of America: Paycheck Protection Programme (PPP) loan to Eurotech Construction Corp., subsequently forgiven

Description

On 15 June 2021, the U.S. Small Business Administration forgave a loan under the Payment Protection Programme (PPP) worth USD 10.1 million to Eurotech Construction Corp., a subchapter S corporation lo...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

15 Jun 2021

Revocation date

No revocation date

Implementation level

National

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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