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PPP Loan Data — M. Bohlke Veneer Corp.,
Fairfield, OH
M. Bohlke Veneer Corp.
Entity: Subchapter S Corporation
Industry: Hardwood Veneer and Plywood Manufacturing
Location: Fairfield, OH
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M. Bohlke Veneer Corp. is a subchapter s corporation located at 8375 Gilmore Rd N in Fairfield, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,744,687.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
234Loan Approved:
2020-04-15Lender:
U.S. BANK, NATIONAL ASSOCIATIONM. Bohlke Veneer Corp. received a Paycheck Protection Loan of $2.74M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, M. Bohlke Veneer Corp.'s total 2019 payroll expenses were approximately $13.17M in order to qualify for the PPP loan amount received.
Based on their reported 234 jobs retained, this equals an estimated average yearly compensation of $56,301 per employee1.
Business Information - M. Bohlke Veneer Corp. in Fairfield, OH
8375 Gilmore Rd N
Fairfield, OH 45014
Business Industry
Hardwood Veneer and Plywood Manufacturing (NAICS code 321211)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: OH-08Similar Companies near Fairfield
In the Fairfield area, 2 businesses in the "Hardwood Veneer and Plywood Manufacturing" industry received a PPP loan. These local businesses reported an average of 141 employees (compared to this company's 234) and received an average PPP loan of $1,598,439 (compared to this company's $2.74M).
Similar Nearby Businesses Who Received PPP Funding:
Custom Millcraft Corporation
West Chester, OH
Industry PPP Comparison Statistics
Nationwide, 284 businesses in the "Hardwood Veneer and Plywood Manufacturing" industry received a total of $88,298,720.00 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 30 employees, 87% lower than M. Bohlke Veneer Corp.'s reported 234 employees, and received an average PPP loan of $310,911, 89% lower than this company's loan of $2.74M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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