PPP Loan Data — Boge Rubber & Plastics USA, LLC, Hebron, KY
Boge Rubber & Plastics USA, LLC
Location: Hebron, KYTweet This • Search All PPP Data
Boge Rubber & Plastics USA, LLC is a corporation located at 1102 Aviation Blvd in Hebron, Kentucky that received a Coronavirus-related PPP loan from the SBA of $2,547,600.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:HERITAGE BANK, INC.
Boge Rubber & Plastics USA, LLC in Hebron, KY received a Paycheck Protection Loan of $2.55M through HERITAGE BANK, INC., which was approved in April, 2020.
Based on standard PPP eligibility rules, Boge Rubber & Plastics USA, LLC's total 2019 payroll expenses were approximately $12.23M in order to qualify for the PPP loan amount received.
Unlike most businesses, Boge Rubber & Plastics USA, LLC's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Boge Rubber & Plastics USA, LLC in Hebron, KY
1102 Aviation Blvd
Hebron, KY 41048
Motor Vehicle Supplies and New Parts Merchant Wholesalers (NAICS code 423120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KY-04
Industry PPP Comparison Statistics
Nationwide, 4,042 businesses in the "Motor Vehicle Supplies and New Parts Merchant Wholesalers" industry received a total of $644,135,263.00 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 13 employees, and received an average PPP loan of $159,361, 94% lower than this company's loan of $2.55M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!