PPP Loan Data — Harbor Steel & Supply Corp, Muskegon, MI
Harbor Steel & Supply Corp is a corporation located at 1115 E Broadway Ave Se in Muskegon, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,790,963.00 in April, 2020.
$ PPP Loan Information
Lender:TCF NATIONAL BANK
Harbor Steel & Supply Corp in Muskegon, MI received a Paycheck Protection Loan of $2.79M through TCF NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Harbor Steel & Supply Corp's total 2019 payroll expenses were approximately $13.4M in order to qualify for the PPP loan amount received.
Based on their reported 193 jobs retained, this equals an estimated average yearly compensation of $69,413 per employee1.
Business Information - Harbor Steel & Supply Corp in Muskegon, MI
1115 E Broadway Ave Se
Muskegon, MI 49444
Fabricated Structural Metal Manufacturing (NAICS code 332312)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-02
Industry PPP Comparison Statistics
Nationwide, 3,076 businesses in the "Fabricated Structural Metal Manufacturing" industry received a total of $957,416,230.00 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 23 employees, 88% lower than Harbor Steel & Supply Corp's reported 193 employees, and received an average PPP loan of $311,254, 89% lower than this company's loan of $2.79M.
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Footnotes & Information
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