PPP Loan Data — Loos & Co Inc, Naples, FL
Loos & Co Inc is a corporation located at 901 Industrial Blvd in Naples, Florida that received a Coronavirus-related PPP loan from the SBA of $4,465,837.00 in June, 2020.
$ PPP Loan Information
Lender:HSBC BANK USA, NATIONAL ASSOCIATION
Loos & Co Inc received a Paycheck Protection Loan of $4.47M through HSBC BANK USA, NATIONAL ASSOCIATION, which was approved in June, 2020.
Based on standard PPP eligibility rules, Loos & Co Inc's total 2019 payroll expenses were approximately $21.44M in order to qualify for the PPP loan amount received.
Based on their reported 326 jobs retained, this equals an estimated average yearly compensation of $65,755 per employee1.
Business Information - Loos & Co Inc in Naples, FL
901 Industrial Blvd
Naples, FL 34104
Other Fabricated Wire Product Manufacturing (NAICS code 332618)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-19
Industry PPP Comparison Statistics
Nationwide, 500 businesses in the "Other Fabricated Wire Product Manufacturing" industry received a total of $174,854,776.00 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 27 employees, 92% lower than Loos & Co Inc's reported 326 employees, and received an average PPP loan of $349,710, 92% lower than this company's loan of $4.47M.
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Footnotes & Information
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