PPP Loan Data — Midwest Tape, LLC, Holland, OH
Midwest Tape, LLC
Entity: Limited Liability Company (LLC)
Location: Holland, OHTweet This • Search All PPP Data
Midwest Tape, LLC is a limited liability company (LLC) located at 1417 Timber Wolf Drive in Holland, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,260,000.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Midwest Tape, LLC received a Paycheck Protection Loan of $4.26M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Midwest Tape, LLC's total 2019 payroll expenses were approximately $20.45M in order to qualify for the PPP loan amount received.
Based on their reported 390 jobs retained, this equals an estimated average yearly compensation of $52,431 per employee1.
Business Information - Midwest Tape, LLC in Holland, OH
1417 Timber Wolf Drive
Holland, OH 43528
Other Miscellaneous Durable Goods Merchant Wholesalers (NAICS code 423990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-05
Industry PPP Comparison Statistics
Nationwide, 12,909 businesses in the "Other Miscellaneous Durable Goods Merchant Wholesalers" industry received a total of $1,253,322,545.00 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 8 employees, 98% lower than Midwest Tape, LLC's reported 390 employees, and received an average PPP loan of $97,089, 98% lower than this company's loan of $4.26M.
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Footnotes & Information
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