PPP Loan Data — International Extrusions, Inc., Garden City, MI
International Extrusions, Inc. is a corporation located at 32416 Industrial Road in Garden City, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,862,890.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 207 people during the applicable loan loan period.
$ PPP Loan Information
Lender:THE HUNTINGTON NATIONAL BANK
International Extrusions, Inc. received a Paycheck Protection Loan of $2.86M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, International Extrusions, Inc.'s total 2019 payroll expenses were approximately $13.74M in order to qualify for the PPP loan amount received.
Based on their reported 207 jobs retained, this equals an estimated average yearly compensation of $66,386 per employee1.
Business Information - International Extrusions, Inc. in Garden City, MI
32416 Industrial Road
Garden City, MI 48135
Other Aluminum Rolling, Drawing, and Extruding (NAICS code 331318)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MI-13
Industry PPP Comparison Statistics
Nationwide, 128 businesses in the "Other Aluminum Rolling, Drawing, and Extruding" industry received a total of $74,033,868.00 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 41 employees, 80% lower than International Extrusions, Inc.'s reported 207 employees, and received an average PPP loan of $578,390, 80% lower than this company's loan of $2.86M.
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Footnotes & Information
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