PPP Loan Data — ICE Industries, Inc., Sylvania, OH
ICE Industries, Inc.
Entity: Subchapter S Corporation
Location: Sylvania, OHTweet This • Search All PPP Data
ICE Industries, Inc. is a subchapter s corporation located at 3810 Herr Rd in Sylvania, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,908,200.00 in April, 2020.
The company has reported itself as a White owned business, and employed at least 402 people during the applicable loan loan period.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
ICE Industries, Inc. in Sylvania, OH received a Paycheck Protection Loan of $4.91M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, ICE Industries, Inc.'s total 2019 payroll expenses were approximately $23.56M in order to qualify for the PPP loan amount received.
Based on their reported 402 jobs retained, this equals an estimated average yearly compensation of $58,605 per employee1.
Business Information - ICE Industries, Inc. in Sylvania, OH
3810 Herr Rd
Sylvania, OH 43560
Metal Crown, Closure, and Other Metal Stamping (except Automotive) (NAICS code 332119)
Business Owner Demographics
Race / Ethnicity: WHITE
Veteran Status: UnreportedCongressional District: OH-05
Industry PPP Comparison Statistics
Nationwide, 688 businesses in the "Metal Crown, Closure, and Other Metal Stamping (except Automotive)" industry received a total of $316,503,616.00 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 35 employees, 91% lower than ICE Industries, Inc.'s reported 402 employees, and received an average PPP loan of $460,034, 91% lower than this company's loan of $4.91M.
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Footnotes & Information
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