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PPP Loan Data — Benchmade Knife Co., Inc., Oregon City, OR

SBA PPP loan data, payroll data, and salaries for Benchmade Knife Co., Inc.
OR

Benchmade Knife Co., Inc.

Entity: Corporation

Industry: Hunting and Trapping

Location: Oregon City, OR

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Benchmade Knife Co., Inc. is a corporation located at 300 Beavercreek Road in Oregon City, Oregon that received a Coronavirus-related PPP loan from the SBA of $4,748,700.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.75M

Jobs Retained:

358

Loan Approved:

2020-04-07

Lender:

UMPQUA BANK

Benchmade Knife Co., Inc. in Oregon City, OR received a Paycheck Protection Loan of $4.75M through UMPQUA BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Benchmade Knife Co., Inc.'s total 2019 payroll expenses were approximately $22.79M in order to qualify for the PPP loan amount received.

Based on their reported 358 jobs retained, this equals an estimated average yearly compensation of $63,670 per employee1.

Because the loan received by Benchmade Knife Co., Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Benchmade Knife Co., Inc. in Oregon City, OR

Benchmade Knife Co., Inc.
300 Beavercreek Road
Oregon City, OR 97045

Business Industry

Hunting and Trapping (NAICS code 114210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: OR-05

Industry PPP Comparison Statistics

Nationwide, 862 businesses in the "Hunting and Trapping" industry received a total of $32,612,925.00 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 5 employees, 99% lower than Benchmade Knife Co., Inc.'s reported 358 employees, and received an average PPP loan of $37,834, 99% lower than this company's loan of $4.75M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/benchmade-knife-co-inc-oregon-city-or