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PPP Loan Data — Fogg Filler Company, Holland, MI

SBA PPP loan data, payroll data, and salaries for Fogg Filler Company
MI

Fogg Filler Company

Entity: Subchapter S Corporation

Industry: Other Industrial Machinery Manufacturing

Location: Holland, MI

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Fogg Filler Company is a subchapter s corporation located at 3455 John F. Donnelly Drive in Holland, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,759,662.00 in April, 2020.

The company has reported itself as a White male owned business, and employed at least 190 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$2.76M

Jobs Retained:

190

Loan Approved:

2020-04-12

Lender:

THE HUNTINGTON NATIONAL BANK

Fogg Filler Company received a Paycheck Protection Loan of $2.76M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Fogg Filler Company's total 2019 payroll expenses were approximately $13.25M in order to qualify for the PPP loan amount received.

Based on their reported 190 jobs retained, this equals an estimated average yearly compensation of $69,718 per employee1.

Because the loan received by Fogg Filler Company 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 - Fogg Filler Company in Holland, MI

Fogg Filler Company
3455 John F. Donnelly Drive
Holland, MI 49424

Business Industry

Other Industrial Machinery Manufacturing (NAICS code 333249)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: MI-02

Similar Companies near Holland

In the Holland area, 9 businesses in the "Other Industrial Machinery Manufacturing" industry received a PPP loan. These local businesses reported an average of 63 employees (compared to this company's 190) and received an average PPP loan of $968,803 (compared to this company's $2.76M).

Industry PPP Comparison Statistics

Nationwide, 2,172 businesses in the "Other Industrial Machinery Manufacturing" industry received a total of $695,492,915.00 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 22 employees, 88% lower than Fogg Filler Company's reported 190 employees, and received an average PPP loan of $320,209, 88% lower than this company's loan of $2.76M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/fogg-filler-company-holland-mi