PPP Loan Data — Idaho Steel Products, Inc., Idaho Falls, ID
Idaho Steel Products, Inc. is a subchapter s corporation located at 255 E. Anderson Street in Idaho Falls, Idaho that received a Coronavirus-related PPP loan from the SBA of $2,639,100.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Idaho Steel Products, Inc. in Idaho Falls, ID received a Paycheck Protection Loan of $2.64M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Idaho Steel Products, Inc.'s total 2019 payroll expenses were approximately $12.67M in order to qualify for the PPP loan amount received.
Based on their reported 180 jobs retained, this equals an estimated average yearly compensation of $70,376 per employee1.
Business Information - Idaho Steel Products, Inc. in Idaho Falls, ID
255 E. Anderson Street
Idaho Falls, ID 83401
Food Product Machinery Manufacturing (NAICS code 333241)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: ID-02
Industry PPP Comparison Statistics
Nationwide, 710 businesses in the "Food Product Machinery Manufacturing" industry received a total of $202,544,701.00 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 21 employees, 88% lower than Idaho Steel Products, Inc.'s reported 180 employees, and received an average PPP loan of $285,274, 89% lower than this company's loan of $2.64M.
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Footnotes & Information
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