PPP Loan Data — Gallagher-Kaiser Corporation, Troy, MI
Entity: Subchapter S Corporation
Location: Troy, MITweet This • Search All PPP Data
Gallagher-Kaiser Corporation is a subchapter s corporation located at 777 Chicago Rd in Troy, Michigan that received a Coronavirus-related PPP loan from the SBA of $7,824,900.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 462 people during the applicable loan loan period.
$ PPP Loan Information
Gallagher-Kaiser Corporation in Troy, MI received a Paycheck Protection Loan of $7.82M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Gallagher-Kaiser Corporation's total 2019 payroll expenses were approximately $37.56M in order to qualify for the PPP loan amount received.
Based on their reported 462 jobs retained, this equals an estimated average yearly compensation of $81,298 per employee1.
Business Information - Gallagher-Kaiser Corporation in Troy, MI
777 Chicago Rd
Troy, MI 48083
All Other Miscellaneous Fabricated Metal Product Manufacturing (NAICS code 332999)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MI-11
Similar Companies near Troy
In the Troy area, 5 businesses in the "All Other Miscellaneous Fabricated Metal Product Manufacturing" industry received a PPP loan. These local businesses reported an average of 109 employees (compared to this company's 462) and received an average PPP loan of $1,813,689 (compared to this company's $7.82M).
Similar Nearby Businesses Who Received PPP Funding:
Metro Technologies Limited
Taeyang America Corp.
Industry PPP Comparison Statistics
Nationwide, 4,328 businesses in the "All Other Miscellaneous Fabricated Metal Product Manufacturing" industry received a total of $1,219,008,137.00 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, 95% lower than Gallagher-Kaiser Corporation's reported 462 employees, and received an average PPP loan of $281,656, 96% lower than this company's loan of $7.82M.
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Footnotes & Information
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