PPP Loan Data — National Salvage & Service Corporation, Bloomington, IN
National Salvage & Service Corporation
Location: Bloomington, INTweet This • Search All PPP Data
National Salvage & Service Corporation is a corporation located at 6755 S. Old State Road 37 in Bloomington, Indiana that received a Coronavirus-related PPP loan from the SBA of $4,125,960.00 in May, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WELLS FARGO BANK, NATIONAL ASSOCIATION
National Salvage & Service Corporation received a Paycheck Protection Loan of $4.13M through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, National Salvage & Service Corporation's total 2019 payroll expenses were approximately $19.8M in order to qualify for the PPP loan amount received.
Unlike most businesses, National Salvage & Service Corporation's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - National Salvage & Service Corporation in Bloomington, IN
6755 S. Old State Road 37
Bloomington, IN 47401
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-09
Industry PPP Comparison Statistics
Nationwide, 2,260 businesses in the "Transportation Equipment and Supplies (except Motor Vehicle) Merchant Wholesalers" industry received a total of $288,357,851.00 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 9 employees, and received an average PPP loan of $127,592, 97% lower than this company's loan of $4.13M.
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Footnotes & Information
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