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PPP Loan Data — Oscar Winski Company, Inc.,
Lafayette, IN
Oscar Winski Company, Inc.
Entity: Subchapter S Corporation
Industry: Metal Service Centers and Other Metal Merchant Wholesalers
Location: Lafayette, IN
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Oscar Winski Company, Inc. is a subchapter s corporation located at 2407 North 9th Street Rd in Lafayette, Indiana that received a Coronavirus-related PPP loan from the SBA of $4,861,700.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
260Loan Approved:
2020-04-08Lender:
BMO HARRIS BANK NATIONAL ASSOCIATIONOscar Winski Company, Inc. in Lafayette, IN received a Paycheck Protection Loan of $4.86M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Oscar Winski Company, Inc.'s total 2019 payroll expenses were approximately $23.34M in order to qualify for the PPP loan amount received.
Based on their reported 260 jobs retained, this equals an estimated average yearly compensation of $89,754 per employee1.
Business Information - Oscar Winski Company, Inc. in Lafayette, IN
2407 North 9th Street Rd
Lafayette, IN 47903
Business Industry
Metal Service Centers and Other Metal Merchant Wholesalers (NAICS code 423510)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: IN-04Industry PPP Comparison Statistics
Nationwide, 2,691 businesses in the "Metal Service Centers and Other Metal Merchant Wholesalers" industry received a total of $697,432,843.00 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 18 employees, 93% lower than Oscar Winski Company, Inc.'s reported 260 employees, and received an average PPP loan of $259,172, 95% lower than this company's loan of $4.86M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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