PPP Loan Data — Kranos Holding, Inc., Litchfield, IL
Kranos Holding, Inc. is a corporation located at 610 S Industrial Drive in Litchfield, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,060,800.00 in April, 2020.
$ PPP Loan Information
Kranos Holding, Inc. received a Paycheck Protection Loan of $3.06M through MERIDIAN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kranos Holding, Inc.'s total 2019 payroll expenses were approximately $14.69M in order to qualify for the PPP loan amount received.
Based on their reported 249 jobs retained, this equals an estimated average yearly compensation of $59,003 per employee1.
Business Information - Kranos Holding, Inc. in Litchfield, IL
610 S Industrial Drive
Litchfield, IL 62056
Sporting Goods Stores (NAICS code 451110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-13
Industry PPP Comparison Statistics
Nationwide, 9,406 businesses in the "Sporting Goods Stores" industry received a total of $560,169,080.00 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 8 employees, 97% lower than Kranos Holding, Inc.'s reported 249 employees, and received an average PPP loan of $59,554, 98% lower than this company's loan of $3.06M.
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Footnotes & Information
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