PPP Loan Data — Allied Mineral Products Holding Inc, Columbus, OH
Allied Mineral Products Holding Inc
Entity: Subchapter S Corporation
Location: Columbus, OHTweet This • Search All PPP Data
Allied Mineral Products Holding Inc is a subchapter s corporation located at 2700 Scioto Pkwy in Columbus, Ohio that received a Coronavirus-related PPP loan from the SBA of $7,457,800.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Allied Mineral Products Holding Inc in Columbus, OH received a Paycheck Protection Loan of $7.46M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Allied Mineral Products Holding Inc's total 2019 payroll expenses were approximately $35.8M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $71,595 per employee1.
Business Information - Allied Mineral Products Holding Inc in Columbus, OH
2700 Scioto Pkwy
Columbus, OH 43221
Pottery, Ceramics, and Plumbing Fixture Manufacturing (NAICS code 327110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-15
Industry PPP Comparison Statistics
Nationwide, 654 businesses in the "Pottery, Ceramics, and Plumbing Fixture Manufacturing" industry received a total of $81,621,081.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 11 employees, 98% lower than Allied Mineral Products Holding Inc's reported 500 employees, and received an average PPP loan of $124,803, 98% lower than this company's loan of $7.46M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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