PPP Loan Data — Greystone Logistics, Inc,
Tulsa, OK
Greystone Logistics, Inc
Entity: Corporation
Industry: Plastics Material and Resin Manufacturing
Location: Tulsa, OK

Greystone Logistics, Inc is a corporation located at 1613 E 15th Street in Tulsa, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $3,034,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
327Loan Approved:
2020-04-09Lender:
INTERNATIONAL BANK OF COMMERCEGreystone Logistics, Inc received a Paycheck Protection Loan of $3.03M through INTERNATIONAL BANK OF COMMERCE, which was approved in April, 2020.
Based on standard PPP eligibility rules, Greystone Logistics, Inc's total 2019 payroll expenses were approximately $14.56M in order to qualify for the PPP loan amount received.
Based on their reported 327 jobs retained, this equals an estimated average yearly compensation of $44,536 per employee1.
Business Information - Greystone Logistics, Inc in Tulsa, OK
1613 E 15th Street
Tulsa, OK 74120
Business Industry
Plastics Material and Resin Manufacturing (NAICS code 325211)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: OK-01Industry PPP Comparison Statistics
Nationwide, 858 businesses in the "Plastics Material and Resin Manufacturing" industry received a total of $311,116,969.00 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 29 employees, 91% lower than Greystone Logistics, Inc's reported 327 employees, and received an average PPP loan of $362,607, 88% lower than this company's loan of $3.03M.
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.
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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