PPP Loan Data — Koch & Company, Seneca, KS
Koch & Company is a subchapter s corporation located at 1809 North St in Seneca, Kansas that received a Coronavirus-related PPP loan from the SBA of $3,989,000.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least 444 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST HERITAGE BANK
Koch & Company received a Paycheck Protection Loan of $3.99M through FIRST HERITAGE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Koch & Company's total 2019 payroll expenses were approximately $19.15M in order to qualify for the PPP loan amount received.
Based on their reported 444 jobs retained, this equals an estimated average yearly compensation of $43,124 per employee1.
Business Information - Koch & Company in Seneca, KS
1809 North St
Seneca, KS 66538
Wood Kitchen Cabinet and Countertop Manufacturing (NAICS code 337110)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: FEMALE OWNED
Veteran Status: NON-VETERANCongressional District: KS-02
Similar Companies near Seneca
In the Seneca area, 3 businesses in the "Wood Kitchen Cabinet and Countertop Manufacturing" industry received a PPP loan. These local businesses reported an average of 179 employees (compared to this company's 444) and received an average PPP loan of $1,616,333 (compared to this company's $3.99M).
Similar Nearby Businesses Who Received PPP Funding:
Can Am Sales, Inc.
Koch Tenn, Inc.
Industry PPP Comparison Statistics
Nationwide, 5,439 businesses in the "Wood Kitchen Cabinet and Countertop Manufacturing" industry received a total of $649,251,122.00 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 11 employees, 98% lower than Koch & Company's reported 444 employees, and received an average PPP loan of $119,370, 97% lower than this company's loan of $3.99M.
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Footnotes & Information
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