PPP Loan Data — Matric Limited, Seneca, PA
Entity: Subchapter S Corporation
Location: Seneca, PATweet This • Search All PPP Data
Matric Limited is a subchapter s corporation located at 2099 Hill City Road in Seneca, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,562,150.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Matric Limited in Seneca, PA received a Paycheck Protection Loan of $2.56M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Matric Limited's total 2019 payroll expenses were approximately $12.3M in order to qualify for the PPP loan amount received.
Based on their reported 240 jobs retained, this equals an estimated average yearly compensation of $51,243 per employee1.
Business Information - Matric Limited in Seneca, PA
2099 Hill City Road
Seneca, PA 16346
Printed Circuit Assembly (Electronic Assembly) Manufacturing (NAICS code 334418)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-15
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, 86% lower than Matric Limited's reported 240 employees, and received an average PPP loan of $421,926, 84% lower than this company's loan of $2.56M.
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Footnotes & Information
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