PPP Loan Data — Huron Inc., Lexington, MI
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Huron Inc. is a corporation located at 6554 Lakeshore Road in Lexington, Michigan that received a Coronavirus-related PPP loan from the SBA of $5,826,231.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Huron Inc. in Lexington, MI received a Paycheck Protection Loan of $5.83M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Huron Inc.'s total 2019 payroll expenses were approximately $27.97M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $55,932 per employee1.
Business Information - Huron Inc. in Lexington, MI
6554 Lakeshore Road
Lexington, MI 48450
Motor Vehicle Gasoline Engine and Engine Parts Manufacturing (NAICS code 336310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-10
Industry PPP Comparison Statistics
Nationwide, 423 businesses in the "Motor Vehicle Gasoline Engine and Engine Parts Manufacturing" industry received a total of $129,804,058.00 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 24 employees, 95% lower than Huron Inc.'s reported 500 employees, and received an average PPP loan of $306,865, 95% lower than this company's loan of $5.83M.
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Footnotes & Information
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