PPP Loan Data — COX Machine Inc, Wichita, KS
COX Machine Inc
Location: Wichita, KSTweet This • Search All PPP Data
COX Machine Inc is a corporation located at 5338 W 21st St N Ste 100 in Wichita, Kansas that received a Coronavirus-related PPP loan from the SBA of $3,225,700.00 in April, 2020.
$ PPP Loan Information
COX Machine Inc in Wichita, KS received a Paycheck Protection Loan of $3.23M through EMPRISE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, COX Machine Inc's total 2019 payroll expenses were approximately $15.48M in order to qualify for the PPP loan amount received.
Based on their reported 241 jobs retained, this equals an estimated average yearly compensation of $64,246 per employee1.
Business Information - COX Machine Inc in Wichita, KS
5338 W 21st St N Ste 100
Wichita, KS 67205
Other Aircraft Parts and Auxiliary Equipment Manufacturing (NAICS code 336413)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KS-04
Similar Companies near Wichita
In the Wichita area, 2 businesses in the "Other Aircraft Parts and Auxiliary Equipment Manufacturing" industry received a PPP loan. These local businesses reported an average of 131 employees (compared to this company's 241) and received an average PPP loan of $1,714,150 (compared to this company's $3.23M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 841 businesses in the "Other Aircraft Parts and Auxiliary Equipment Manufacturing" industry received a total of $453,528,343.00 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 33 employees, 86% lower than COX Machine Inc's reported 241 employees, and received an average PPP loan of $539,273, 83% lower than this company's loan of $3.23M.
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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