PPP Loan Data — MPD Inc, Owensboro, KY
MPD Inc is a subchapter s corporation located at 316 E 9th Street in Owensboro, Kentucky that received a Coronavirus-related PPP loan from the SBA of $3,551,300.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
MPD Inc in Owensboro, KY received a Paycheck Protection Loan of $3.55M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, MPD Inc's total 2019 payroll expenses were approximately $17.05M in order to qualify for the PPP loan amount received.
Based on their reported 274 jobs retained, this equals an estimated average yearly compensation of $62,213 per employee1.
Business Information - MPD Inc in Owensboro, KY
316 E 9th Street
Owensboro, KY 42303
Other Electronic Component Manufacturing (NAICS code 334419)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KY-02
Industry PPP Comparison Statistics
Nationwide, 1,514 businesses in the "Other Electronic Component Manufacturing" industry received a total of $388,003,044.00 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 20 employees, 93% lower than MPD Inc's reported 274 employees, and received an average PPP loan of $256,277, 93% lower than this company's loan of $3.55M.
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Footnotes & Information
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