PPP Loan Data — Douglas Corporation, Eden Prairie, MN
Douglas Corporation is a subchapter s corporation located at 9650 Valley View Road in Eden Prairie, Minnesota that received a Coronavirus-related PPP loan from the SBA of $4,191,883.00 in April, 2020.
$ PPP Loan Information
Lender:U.S. BANK, NATIONAL ASSOCIATION
Douglas Corporation in Eden Prairie, MN received a Paycheck Protection Loan of $4.19M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Douglas Corporation's total 2019 payroll expenses were approximately $20.12M in order to qualify for the PPP loan amount received.
Based on their reported 303 jobs retained, this equals an estimated average yearly compensation of $66,406 per employee1.
Business Information - Douglas Corporation in Eden Prairie, MN
9650 Valley View Road
Eden Prairie, MN 55344
All Other Plastics Product Manufacturing (NAICS code 326199)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MN-03
Similar Companies near Eden Prairie
In the Eden Prairie area, 4 businesses in the "All Other Plastics Product Manufacturing" industry received a PPP loan. These local businesses reported an average of 102 employees (compared to this company's 303) and received an average PPP loan of $1,418,196 (compared to this company's $4.19M).
Similar Nearby Businesses Who Received PPP Funding:
Choice Tool, Inc.
Clim-A-Tech Industries, Inc.
Eden Prairie, MN
3D Printing Ally, LLC
Eden Prairie, MN
Industry PPP Comparison Statistics
Nationwide, 3,247 businesses in the "All Other Plastics Product Manufacturing" industry received a total of $1,252,980,223.00 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, 89% lower than Douglas Corporation's reported 303 employees, and received an average PPP loan of $385,889, 91% lower than this company's loan of $4.19M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!