PPP Loan Data — FPC International, Inc., Cleveland, OH
FPC International, Inc.
Entity: Subchapter S Corporation
Location: Cleveland, OHTweet This • Search All PPP Data
FPC International, Inc. is a subchapter s corporation located at 4520 Richmond Road in Cleveland, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,546,347.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
FPC International, Inc. received a Paycheck Protection Loan of $2.55M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, FPC International, Inc.'s total 2019 payroll expenses were approximately $12.22M in order to qualify for the PPP loan amount received.
Based on their reported 185 jobs retained, this equals an estimated average yearly compensation of $66,067 per employee1.
Business Information - FPC International, Inc. in Cleveland, OH
4520 Richmond Road
Cleveland, OH 44128
Other Chemical and Allied Products Merchant Wholesalers (NAICS code 424690)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-11
Industry PPP Comparison Statistics
Nationwide, 2,140 businesses in the "Other Chemical and Allied Products Merchant Wholesalers" industry received a total of $406,941,257.00 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 12 employees, 94% lower than FPC International, Inc.'s reported 185 employees, and received an average PPP loan of $190,159, 93% lower than this company's loan of $2.55M.
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Footnotes & Information
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