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PPP Loan Data — Fisk Alloy Inc, Hawthorne, NJ

SBA PPP loan data, payroll data, and salaries for Fisk Alloy Inc

Fisk Alloy Inc

Entity: Subchapter S Corporation

Industry: Copper Rolling, Drawing, Extruding, and Alloying

Location: Hawthorne, NJ

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Fisk Alloy Inc is a subchapter s corporation located at 10 Thomas Road North in Hawthorne, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,872,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Fisk Alloy Inc in Hawthorne, NJ received a Paycheck Protection Loan of $2.87M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Fisk Alloy Inc's total 2019 payroll expenses were approximately $13.79M in order to qualify for the PPP loan amount received.

Based on their reported 191 jobs retained, this equals an estimated average yearly compensation of $72,178 per employee1.

Because the loan received by Fisk Alloy 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 - Fisk Alloy Inc in Hawthorne, NJ

Fisk Alloy Inc
10 Thomas Road North
Hawthorne, NJ 07506

Business Industry

Copper Rolling, Drawing, Extruding, and Alloying (NAICS code 331420)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NJ-09

Industry PPP Comparison Statistics

Nationwide, 92 businesses in the "Copper Rolling, Drawing, Extruding, and Alloying" industry received a total of $62,578,837.00 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 48 employees, 75% lower than Fisk Alloy Inc's reported 191 employees, and received an average PPP loan of $680,205, 76% lower than this company's loan of $2.87M.

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 **