PPP Loan Data — Basco Manufacturing Company,
Mason, OH
Basco Manufacturing Company
Entity: Corporation
Industry: Glass Product Manufacturing Made of Purchased Glass
Location: Mason, OH

Basco Manufacturing Company is a corporation located at 7201 Snider Rd in Mason, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,463,700.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
269Loan Approved:
2020-04-06Lender:
FIRST FINANCIAL BANKBasco Manufacturing Company received a Paycheck Protection Loan of $2.46M through FIRST FINANCIAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Basco Manufacturing Company's total 2019 payroll expenses were approximately $11.83M in order to qualify for the PPP loan amount received.
Based on their reported 269 jobs retained, this equals an estimated average yearly compensation of $43,962 per employee1.
Business Information - Basco Manufacturing Company in Mason, OH
7201 Snider Rd
Mason, OH 45040
Business Industry
Glass Product Manufacturing Made of Purchased Glass (NAICS code 327215)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: OH-01Industry PPP Comparison Statistics
Nationwide, 737 businesses in the "Glass Product Manufacturing Made of Purchased Glass" industry received a total of $164,708,672.00 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 18 employees, 93% lower than Basco Manufacturing Company's reported 269 employees, and received an average PPP loan of $223,485, 91% lower than this company's loan of $2.46M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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.
Have FederalPay.org's open data tools been valuable? Consider donating!