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PPP Loan Data — EXO-S Us LLC,
Howe, IN
EXO-S Us LLC
Entity: Limited Liability Company (LLC)
Industry: All Other Plastics Product Manufacturing
Location: Howe, IN
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EXO-S Us LLC is a limited liability company (LLC) located at 6505 N State Road 9 in Howe, Indiana that received a Coronavirus-related PPP loan from the SBA of $3,560,900.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
307Loan Approved:
2020-04-29Lender:
PNC BANK, NATIONAL ASSOCIATIONEXO-S Us LLC in Howe, IN received a Paycheck Protection Loan of $3.56M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, EXO-S Us LLC's total 2019 payroll expenses were approximately $17.09M in order to qualify for the PPP loan amount received.
Based on their reported 307 jobs retained, this equals an estimated average yearly compensation of $55,675 per employee1.
Business Information - EXO-S Us LLC in Howe, IN
6505 N State Road 9
Howe, IN 46746
Business Industry
All Other Plastics Product Manufacturing (NAICS code 326199)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: IN-03Industry 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 EXO-S Us LLC's reported 307 employees, and received an average PPP loan of $385,889, 89% lower than this company's loan of $3.56M.
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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