PPP Loan Data — Kamax Inc., Rochester Hills, MI
Kamax Inc. is a corporation located at 1606 Star Batt Dr in Rochester Hills, Michigan that received a Coronavirus-related PPP loan from the SBA of $7,319,100.00 in April, 2020.
$ PPP Loan Information
Kamax Inc. received a Paycheck Protection Loan of $7.32M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kamax Inc.'s total 2019 payroll expenses were approximately $35.13M in order to qualify for the PPP loan amount received.
Based on their reported 427 jobs retained, this equals an estimated average yearly compensation of $82,276 per employee1.
Business Information - Kamax Inc. in Rochester Hills, MI
1606 Star Batt Dr
Rochester Hills, MI 48309
Bolt, Nut, Screw, Rivet, and Washer Manufacturing (NAICS code 332722)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-08
Industry PPP Comparison Statistics
Nationwide, 462 businesses in the "Bolt, Nut, Screw, Rivet, and Washer Manufacturing" industry received a total of $188,041,124.00 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 31 employees, 93% lower than Kamax Inc.'s reported 427 employees, and received an average PPP loan of $407,015, 94% lower than this company's loan of $7.32M.
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Footnotes & Information
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