PPP Loan Data — Katahdin Industries, Inc., Hudson, MA
Katahdin Industries, Inc.
Industry: Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers
Location: Hudson, MATweet This • Search All PPP Data
Katahdin Industries, Inc. is a corporation located at 51 Parmenter Road in Hudson, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,819,710.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Katahdin Industries, Inc. received a Paycheck Protection Loan of $2.82M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Katahdin Industries, Inc.'s total 2019 payroll expenses were approximately $13.53M in order to qualify for the PPP loan amount received.
Based on their reported 251 jobs retained, this equals an estimated average yearly compensation of $53,923 per employee1.
Business Information - Katahdin Industries, Inc. in Hudson, MA
51 Parmenter Road
Hudson, MA 1749
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-03
Industry PPP Comparison Statistics
Nationwide, 1,522 businesses in the "Metal Coating, Engraving (except Jewelry and Silverware), and Allied Services to Manufacturers" industry received a total of $289,929,219.00 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 16 employees, 94% lower than Katahdin Industries, Inc.'s reported 251 employees, and received an average PPP loan of $190,492, 93% lower than this company's loan of $2.82M.
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