PPP Loan Data — Commencement Bay Corrugated, Inc., Orting, WA
Commencement Bay Corrugated, Inc. is a corporation located at 13414 142nd Ave E in Orting, Washington that received a Coronavirus-related PPP loan from the SBA of $2,562,500.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Commencement Bay Corrugated, Inc. received a Paycheck Protection Loan of $2.56M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Commencement Bay Corrugated, Inc.'s total 2019 payroll expenses were approximately $12.3M in order to qualify for the PPP loan amount received.
Based on their reported 167 jobs retained, this equals an estimated average yearly compensation of $73,653 per employee1.
Business Information - Commencement Bay Corrugated, Inc. in Orting, WA
13414 142nd Ave E
Orting, WA 98360
Corrugated and Solid Fiber Box Manufacturing (NAICS code 322211)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-08
Industry PPP Comparison Statistics
Nationwide, 520 businesses in the "Corrugated and Solid Fiber Box Manufacturing" industry received a total of $288,157,321.00 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 43 employees, 74% lower than Commencement Bay Corrugated, Inc.'s reported 167 employees, and received an average PPP loan of $554,149, 78% lower than this company's loan of $2.56M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!