PPP Loan Data — Oakley Industries Sub Assembly Division Inc, Flint, MI
Oakley Industries Sub Assembly Division Inc is a subchapter s corporation located at 4333 Matthew Drive in Flint, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,524,057.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 208 people during the applicable loan loan period.
$ PPP Loan Information
Lender:THE HUNTINGTON NATIONAL BANK
Oakley Industries Sub Assembly Division Inc received a Paycheck Protection Loan of $2.52M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Oakley Industries Sub Assembly Division Inc's total 2019 payroll expenses were approximately $12.12M in order to qualify for the PPP loan amount received.
Based on their reported 208 jobs retained, this equals an estimated average yearly compensation of $58,247 per employee1.
Business Information - Oakley Industries Sub Assembly Division Inc in Flint, MI
4333 Matthew Drive
Flint, MI 48507
Automotive Parts and Accessories Stores (NAICS code 441310)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MI-05
Similar Companies near Flint
In the Flint area, 8 businesses in the "Automotive Parts and Accessories Stores" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 208) and received an average PPP loan of $419,385 (compared to this company's $2.52M).
Similar Nearby Businesses Who Received PPP Funding:
Duke's Car Stereo, Inc.
Mike's Auto Parts Inc Of Flint
Arrow Automotive Supply, Inc
Jerry's Retreads, LLC
Vehicle Accessories, Inc
Mid Michigan Auto Parts Inc
Complete Auto & Truck Parts, Inc.
Industry PPP Comparison Statistics
Nationwide, 11,618 businesses in the "Automotive Parts and Accessories Stores" industry received a total of $952,726,641.00 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, 96% lower than Oakley Industries Sub Assembly Division Inc's reported 208 employees, and received an average PPP loan of $82,004, 97% lower than this company's loan of $2.52M.
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Footnotes & Information
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