Global Trade Alert
Global Trade Alert

United States of America: Paycheck Protection Programme (PPP) loan to United Mechanical Inc

Announcement

07 Apr 2020

In April 2020, the subchapter S corporation United Mechanical Inc. received a Paycheck Protection Programme (PPP) loan worth USD 10 million.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

07 Apr 2020

Revocation date:

30 Jun 2020

Updated: 07 Apr 2020
State loan
On 7 April 2020, the U.S. Small Business Administration granted a Payment Protection Programme (PPP) loan worth USD 10 million to United Mechanical Inc., a subchapter S corporation located in San Jose...
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