PPP Loan Data — OX Industries Holding Co LLC, Hanover, PA
OX Industries Holding Co LLC is a limited liability company (LLC) located at 600 W Elm Ave in Hanover, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $5,433,700.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 401 people during the applicable loan loan period.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
OX Industries Holding Co LLC received a Paycheck Protection Loan of $5.43M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, OX Industries Holding Co LLC's total 2019 payroll expenses were approximately $26.08M in order to qualify for the PPP loan amount received.
Based on their reported 401 jobs retained, this equals an estimated average yearly compensation of $65,042 per employee1.
Business Information - OX Industries Holding Co LLC in Hanover, PA
600 W Elm Ave
Hanover, PA 17331
Paperboard Mills (NAICS code 322130)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: PA-11
Industry PPP Comparison Statistics
Nationwide, 67 businesses in the "Paperboard Mills" industry received a total of $27,203,025.00 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 27 employees, 93% lower than OX Industries Holding Co LLC's reported 401 employees, and received an average PPP loan of $406,015, 93% lower than this company's loan of $5.43M.
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Footnotes & Information
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