PPP Loan Data — KCF Technologies Inc, State College, PA
KCF Technologies Inc
Entity: Subchapter S Corporation
Industry: Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
Location: State College, PATweet This • Search All PPP Data
KCF Technologies Inc is a subchapter s corporation located at 336 S Fraser St in State College, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,290,300.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
KCF Technologies Inc in State College, PA received a Paycheck Protection Loan of $3.29M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, KCF Technologies Inc's total 2019 payroll expenses were approximately $15.79M in order to qualify for the PPP loan amount received.
Based on their reported 230 jobs retained, this equals an estimated average yearly compensation of $68,667 per employee1.
Business Information - KCF Technologies Inc in State College, PA
336 S Fraser St
State College, PA 16801
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-12
Industry PPP Comparison Statistics
Nationwide, 719 businesses in the "Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables" industry received a total of $285,355,038.00 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 24 employees, 90% lower than KCF Technologies Inc's reported 230 employees, and received an average PPP loan of $396,878, 88% lower than this company's loan of $3.29M.
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