PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Fort Recovery Industries Inc, Fort Recovery, OH

SBA PPP loan data, payroll data, and salaries for Fort Recovery Industries Inc

Fort Recovery Industries Inc

Entity: Corporation

Industry: Nonferrous Metal Die-Casting Foundries

Location: Fort Recovery, OH

Search All PPP Data

Fort Recovery Industries Inc is a corporation located at 2440 State Route 49 in Fort Recovery, Ohio that received a Coronavirus-related PPP loan from the SBA of $3,546,316.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Fort Recovery Industries Inc in Fort Recovery, OH received a Paycheck Protection Loan of $3.55M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Fort Recovery Industries Inc's total 2019 payroll expenses were approximately $17.02M in order to qualify for the PPP loan amount received.

Based on their reported 330 jobs retained, this equals an estimated average yearly compensation of $51,583 per employee1.

Because the loan received by Fort Recovery Industries 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 - Fort Recovery Industries Inc in Fort Recovery, OH

Fort Recovery Industries Inc
2440 State Route 49
Fort Recovery, OH 45846

Business Industry

Nonferrous Metal Die-Casting Foundries (NAICS code 331523)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: OH-08

Industry PPP Comparison Statistics

Nationwide, 236 businesses in the "Nonferrous Metal Die-Casting Foundries" industry received a total of $134,971,600.00 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 46 employees, 86% lower than Fort Recovery Industries Inc's reported 330 employees, and received an average PPP loan of $571,914, 84% lower than this company's loan of $3.55M.

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.

Search FederalPay's Full PPP Loan Database

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.

Have's open data tools been valuable? Consider donating!

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