PPP Loan Data — Creative Liquid Coatings, Inc., Kendallville, IN
Creative Liquid Coatings, Inc. is a subchapter s corporation located at 2620 Marion Dr in Kendallville, Indiana that received a Coronavirus-related PPP loan from the SBA of $4,304,100.00 in April, 2020.
$ PPP Loan Information
Creative Liquid Coatings, Inc. received a Paycheck Protection Loan of $4.3M through PREMIER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Creative Liquid Coatings, Inc.'s total 2019 payroll expenses were approximately $20.66M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $41,319 per employee1.
Business Information - Creative Liquid Coatings, Inc. in Kendallville, IN
2620 Marion Dr
Kendallville, IN 46755
Other Motor Vehicle Parts Manufacturing (NAICS code 336390)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-03
Industry PPP Comparison Statistics
Nationwide, 1,012 businesses in the "Other Motor Vehicle Parts Manufacturing" industry received a total of $430,804,983.00 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, 93% lower than Creative Liquid Coatings, Inc.'s reported 500 employees, and received an average PPP loan of $425,697, 90% lower than this company's loan of $4.3M.
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Footnotes & Information
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