PPP Loan Data — Monofrax, LLC, Falconer, NY
Entity: Limited Liability Company (LLC)
Location: Falconer, NYTweet This • Search All PPP Data
Monofrax, LLC is a limited liability company (LLC) located at 1870 New York Avenue in Falconer, New York that received a Coronavirus-related PPP loan from the SBA of $2,509,290.00 in April, 2020.
$ PPP Loan Information
Lender:METABANK, NATIONAL ASSOCIATION
Monofrax, LLC received a Paycheck Protection Loan of $2.51M through METABANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Monofrax, LLC's total 2019 payroll expenses were approximately $12.04M in order to qualify for the PPP loan amount received.
Based on their reported 158 jobs retained, this equals an estimated average yearly compensation of $76,232 per employee1.
Business Information - Monofrax, LLC in Falconer, NY
1870 New York Avenue
Falconer, NY 14733
Clay Building Material and Refractories Manufacturing (NAICS code 327120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-23
Industry PPP Comparison Statistics
Nationwide, 253 businesses in the "Clay Building Material and Refractories Manufacturing" industry received a total of $114,331,912.00 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 34 employees, 78% lower than Monofrax, LLC's reported 158 employees, and received an average PPP loan of $451,905, 82% lower than this company's loan of $2.51M.
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Footnotes & Information
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