PPP Loan Data — Mohawk Fine Papers Inc, Cohoes, NY
Mohawk Fine Papers Inc is a limited liability company (LLC) located at 465 Saratoga Street in Cohoes, New York that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Mohawk Fine Papers Inc in Cohoes, NY received a Paycheck Protection Loan of $10M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mohawk Fine Papers Inc's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Mohawk Fine Papers Inc in Cohoes, NY
465 Saratoga Street
Cohoes, NY 12047
Paper (except Newsprint) Mills (NAICS code 322121)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-20
Industry PPP Comparison Statistics
Nationwide, 218 businesses in the "Paper (except Newsprint) Mills" industry received a total of $83,868,733.00 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, 95% lower than Mohawk Fine Papers Inc's reported 500 employees, and received an average PPP loan of $384,719, 96% lower than this company's loan of $10M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!