PPP Loan Data — Libra Industries, LLC, Mentor, OH
Libra Industries, LLC
Entity: Limited Liability Company (LLC)
Location: Mentor, OHTweet This • Search All PPP Data
Libra Industries, LLC is a limited liability company (LLC) located at 7770 Division Drive in Mentor, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,222,100.00 in April, 2020.
$ PPP Loan Information
Lender:CIBC BANK USA
Libra Industries, LLC in Mentor, OH received a Paycheck Protection Loan of $4.22M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Libra Industries, LLC's total 2019 payroll expenses were approximately $20.27M in order to qualify for the PPP loan amount received.
Based on their reported 341 jobs retained, this equals an estimated average yearly compensation of $59,431 per employee1.
Business Information - Libra Industries, LLC in Mentor, OH
7770 Division Drive
Mentor, OH 44060
Printed Circuit Assembly (Electronic Assembly) Manufacturing (NAICS code 334418)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-14
Industry PPP Comparison Statistics
Nationwide, 480 businesses in the "Printed Circuit Assembly (Electronic Assembly) Manufacturing" industry received a total of $202,524,322.00 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 33 employees, 90% lower than Libra Industries, LLC's reported 341 employees, and received an average PPP loan of $421,926, 90% lower than this company's loan of $4.22M.
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Footnotes & Information
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