PPP Loan Data — Halcon Corp, Stewartville, MN
Halcon Corp is a corporation located at 1181 2nd Ave in Stewartville, Minnesota that received a Coronavirus-related PPP loan from the SBA of $3,819,000.00 in April, 2020.
$ PPP Loan Information
Halcon Corp in Stewartville, MN received a Paycheck Protection Loan of $3.82M through MINNWEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Halcon Corp's total 2019 payroll expenses were approximately $18.33M in order to qualify for the PPP loan amount received.
Based on their reported 371 jobs retained, this equals an estimated average yearly compensation of $49,410 per employee1.
Business Information - Halcon Corp in Stewartville, MN
1181 2nd Ave
Stewartville, MN 55976
Other Millwork (including Flooring) (NAICS code 321918)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MN-01
Industry PPP Comparison Statistics
Nationwide, 1,422 businesses in the "Other Millwork (including Flooring)" industry received a total of $215,920,934.00 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 14 employees, 96% lower than Halcon Corp's reported 371 employees, and received an average PPP loan of $151,843, 96% lower than this company's loan of $3.82M.
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Footnotes & Information
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