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PPP Loan Data — Irwin International Inc. / Irwin Aviation,
Corona, CA
Irwin International Inc. / Irwin Aviation
Entity: Corporation
Industry: Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers
Location: Corona, CA
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Irwin International Inc. / Irwin Aviation is a corporation located at 225 Airport Circle in Corona, California that received a Coronavirus-related PPP loan from the SBA of $2,483,508.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
272Loan Approved:
2020-04-27Lender:
MUFG UNION BANK, NATIONAL ASSOCIATIONIrwin International Inc. / Irwin Aviation received a Paycheck Protection Loan of $2.48M through MUFG UNION BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Irwin International Inc. / Irwin Aviation's total 2019 payroll expenses were approximately $11.92M in order to qualify for the PPP loan amount received.
Based on their reported 272 jobs retained, this equals an estimated average yearly compensation of $43,827 per employee1.
Business Information - Irwin International Inc. / Irwin Aviation in Corona, CA
225 Airport Circle
Corona, CA 92880
Business Industry
Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers (NAICS code 423860)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-42Similar Companies near Corona
In the Corona area, 4 businesses in the "Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 73 employees (compared to this company's 272) and received an average PPP loan of $682,375 (compared to this company's $2.48M).
Similar Nearby Businesses Who Received PPP Funding:
Daley Visual Inc
Corona, CA
Amacpi Corp
Corona, CA
Accent RV, Inc
Corona, CA
Industry PPP Comparison Statistics
Nationwide, 2,260 businesses in the "Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers" industry received a total of $288,357,851.00 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 9 employees, 97% lower than Irwin International Inc. / Irwin Aviation's reported 272 employees, and received an average PPP loan of $127,592, 95% lower than this company's loan of $2.48M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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