other material
confidence high
sentiment positive
materiality 0.60
Sypris Solutions receives full forgiveness of $3.56M PPP loan from SBA
SYPRIS SOLUTIONS INC
- PPP loan of $3,558,000 fully forgiven by SBA; forgiveness payment date June 28, 2021.
- Forgiveness recognized in Q2 fiscal quarter ending July 4, 2021.
- Loan was originally obtained on May 1, 2020 under the PPP program administered by SBA.