PPP Loan Data — Excel Industries Inc, Hesston, KS
Excel Industries Inc
Entity: Limited Liability Company (LLC)
Location: Hesston, KSTweet This • Search All PPP Data
Excel Industries Inc is a limited liability company (LLC) located at 200 S. Ridge Road in Hesston, Kansas that received a Coronavirus-related PPP loan from the SBA of $8,798,817.00 in April, 2020.
$ PPP Loan Information
Lender:U.S. BANK, NATIONAL ASSOCIATION
Excel Industries Inc received a Paycheck Protection Loan of $8.8M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Excel Industries Inc's total 2019 payroll expenses were approximately $42.23M 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 $84,469 per employee1.
Business Information - Excel Industries Inc in Hesston, KS
200 S. Ridge Road
Hesston, KS 67062
Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing (NAICS code 333112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KS-04
Industry PPP Comparison Statistics
Nationwide, 709 businesses in the "Lawn and Garden Tractor and Home Lawn and Garden Equipment Manufacturing" industry received a total of $70,316,115.00 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 9 employees, 98% lower than Excel Industries Inc's reported 500 employees, and received an average PPP loan of $99,176, 99% lower than this company's loan of $8.8M.
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