PPP Loan Data — Crenlo Cab Products, LLC, Rochester, MN
Crenlo Cab Products, LLC is a limited liability company (LLC) located at 1600 4th Ave in Rochester, Minnesota that received a Coronavirus-related PPP loan from the SBA of $7,916,993.00 in April, 2020.
$ PPP Loan Information
Lender:LEVEL ONE BANK
Crenlo Cab Products, LLC received a Paycheck Protection Loan of $7.92M through LEVEL ONE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Crenlo Cab Products, LLC's total 2019 payroll expenses were approximately $38M 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 $76,003 per employee1.
Business Information - Crenlo Cab Products, LLC in Rochester, MN
1600 4th Ave
Rochester, MN 55901
Heavy Duty Truck Manufacturing (NAICS code 336120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: NON-VETERANCongressional District: MN-01
Industry PPP Comparison Statistics
Nationwide, 163 businesses in the "Heavy Duty Truck Manufacturing" industry received a total of $74,791,097.00 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 31 employees, 94% lower than Crenlo Cab Products, LLC's reported 500 employees, and received an average PPP loan of $458,841, 94% lower than this company's loan of $7.92M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!