PPP Loan Data — Kyowa America Corporation, Portland, TN
Kyowa America Corporation
Location: Portland, TNTweet This • Search All PPP Data
Kyowa America Corporation is a corporation located at 1039 Fred White Blvd in Portland, Tennessee that received a Coronavirus-related PPP loan from the SBA of $2,487,500.00 in April, 2020.
$ PPP Loan Information
Lender:MUFG UNION BANK, NATIONAL ASSOCIATION
Kyowa America Corporation in Portland, TN received a Paycheck Protection Loan of $2.49M through MUFG UNION BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kyowa America Corporation's total 2019 payroll expenses were approximately $11.94M 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 $47,952 per employee1.
Business Information - Kyowa America Corporation in Portland, TN
1039 Fred White Blvd
Portland, TN 37148
Urethane and Other Foam Product (except Polystyrene) Manufacturing (NAICS code 326150)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TN-06
Industry PPP Comparison Statistics
Nationwide, 304 businesses in the "Urethane and Other Foam Product (except Polystyrene) Manufacturing" industry received a total of $120,635,802.00 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 36 employees, 86% lower than Kyowa America Corporation's reported 249 employees, and received an average PPP loan of $396,828, 84% lower than this company's loan of $2.49M.
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Footnotes & Information
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