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PPP Loan Data — Feintool Us Operationws, Inc., Blue Ash, OH

SBA PPP loan data, payroll data, and salaries for Feintool Us Operationws, Inc.

Feintool Us Operationws, Inc.

Entity: Corporation

Industry: Motor Vehicle Metal Stamping

Location: Blue Ash, OH

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Feintool Us Operationws, Inc. is a corporation located at 11280 Cornell Park Dr in Blue Ash, Ohio that received a Coronavirus-related PPP loan from the SBA of $8,355,923.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Feintool Us Operationws, Inc. in Blue Ash, OH received a Paycheck Protection Loan of $8.36M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Feintool Us Operationws, Inc.'s total 2019 payroll expenses were approximately $40.11M 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 $80,217 per employee1.

Because the loan received by Feintool Us Operationws, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Feintool Us Operationws, Inc. in Blue Ash, OH

Feintool Us Operationws, Inc.
11280 Cornell Park Dr
Blue Ash, OH 45242

Business Industry

Motor Vehicle Metal Stamping (NAICS code 336370)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: OH-02

Industry PPP Comparison Statistics

Nationwide, 197 businesses in the "Motor Vehicle Metal Stamping" industry received a total of $211,847,677.00 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 76 employees, 85% lower than Feintool Us Operationws, Inc.'s reported 500 employees, and received an average PPP loan of $1.08M, 87% lower than this company's loan of $8.36M.

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.

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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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** This Document Provided By - The Civil Employee's Resource **