PPP Loan Data — Mckechnie Vehicle Components USA, Inc, Roseville, MI
Mckechnie Vehicle Components USA, Inc
Location: Roseville, MITweet This • Search All PPP Data
Mckechnie Vehicle Components USA, Inc is a corporation located at 27087 Gratiot Ave in Roseville, Michigan that received a Coronavirus-related PPP loan from the SBA of $4,509,490.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 454 people during the applicable loan loan period.
$ PPP Loan Information
Lender:GREATER NEVADA CU
Mckechnie Vehicle Components USA, Inc received a Paycheck Protection Loan of $4.51M through GREATER NEVADA CU, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mckechnie Vehicle Components USA, Inc's total 2019 payroll expenses were approximately $21.65M in order to qualify for the PPP loan amount received.
Based on their reported 454 jobs retained, this equals an estimated average yearly compensation of $47,677 per employee1.
Business Information - Mckechnie Vehicle Components USA, Inc in Roseville, MI
27087 Gratiot Ave
Roseville, MI 48066
Motor Vehicle Seating and Interior Trim Manufacturing (NAICS code 336360)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: MI-09
Industry PPP Comparison Statistics
Nationwide, 173 businesses in the "Motor Vehicle Seating and Interior Trim Manufacturing" industry received a total of $100,884,531.00 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 50 employees, 89% lower than Mckechnie Vehicle Components USA, Inc's reported 454 employees, and received an average PPP loan of $583,148, 87% lower than this company's loan of $4.51M.
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Footnotes & Information
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