PPP Loan Data — BMH Corp,
Woburn, MA
BMH Corp
Entity: Corporation
Industry: Metal Service Centers and Other Metal Merchant Wholesalers
Location: Woburn, MA

BMH Corp is a corporation located at 11 Forbes Rd in Woburn, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,928,275.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
161Loan Approved:
2020-05-01Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONBMH Corp in Woburn, MA received a Paycheck Protection Loan of $2.93M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, BMH Corp's total 2019 payroll expenses were approximately $14.06M in order to qualify for the PPP loan amount received.
Based on their reported 161 jobs retained, this equals an estimated average yearly compensation of $87,303 per employee1.
Business Information - BMH Corp in Woburn, MA
11 Forbes Rd
Woburn, MA 1801
Business Industry
Metal Service Centers and Other Metal Merchant Wholesalers (NAICS code 423510)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MA-05Industry PPP Comparison Statistics
Nationwide, 2,691 businesses in the "Metal Service Centers and Other Metal Merchant Wholesalers" industry received a total of $697,432,843.00 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, 89% lower than BMH Corp's reported 161 employees, and received an average PPP loan of $259,172, 91% lower than this company's loan of $2.93M.
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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