PPP Loan Data — Nucraft Furniture Company, Comstock Park, MI
Nucraft Furniture Company is a corporation located at 5151 West River Drive in Comstock Park, Michigan that received a Coronavirus-related PPP loan from the SBA of $3,308,008.00 in April, 2020.
$ PPP Loan Information
Lender:FIFTH THIRD BANK
Nucraft Furniture Company in Comstock Park, MI received a Paycheck Protection Loan of $3.31M through FIFTH THIRD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Nucraft Furniture Company's total 2019 payroll expenses were approximately $15.88M in order to qualify for the PPP loan amount received.
Based on their reported 267 jobs retained, this equals an estimated average yearly compensation of $59,470 per employee1.
Business Information - Nucraft Furniture Company in Comstock Park, MI
5151 West River Drive
Comstock Park, MI 49321
Wood Office Furniture Manufacturing (NAICS code 337211)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-03
Industry PPP Comparison Statistics
Nationwide, 424 businesses in the "Wood Office Furniture Manufacturing" industry received a total of $106,682,060.00 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 21 employees, 92% lower than Nucraft Furniture Company's reported 267 employees, and received an average PPP loan of $251,609, 92% lower than this company's loan of $3.31M.
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Footnotes & Information
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