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PPP Loan Data — Ptmw, Inc., Topeka, KS

SBA PPP loan data, payroll data, and salaries for Ptmw, Inc.
KS

Ptmw, Inc.

Entity: Corporation

Industry: Fabricated Structural Metal Manufacturing

Location: Topeka, KS

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Ptmw, Inc. is a corporation located at 5040 Nw Us Hwy 24 in Topeka, Kansas that received a Coronavirus-related PPP loan from the SBA of $3,032,000.00 in April, 2020.

The company has reported itself as a White female owned business, and employed at least 224 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.03M

Jobs Retained:

224

Loan Approved:

2020-04-03

Lender:

FIRST HERITAGE BANK

Ptmw, Inc. received a Paycheck Protection Loan of $3.03M through FIRST HERITAGE BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Ptmw, Inc.'s total 2019 payroll expenses were approximately $14.55M in order to qualify for the PPP loan amount received.

Based on their reported 224 jobs retained, this equals an estimated average yearly compensation of $64,971 per employee1.

Because the loan received by Ptmw, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Ptmw, Inc. in Topeka, KS

Ptmw, Inc.
5040 Nw Us Hwy 24
Topeka, KS 66618

Business Industry

Fabricated Structural Metal Manufacturing (NAICS code 332312)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: FEMALE OWNED

Veteran Status: NON-VETERAN

Congressional District: KS-02

Similar Companies near Topeka

In the Topeka area, 2 businesses in the "Fabricated Structural Metal Manufacturing" industry received a PPP loan. These local businesses reported an average of 114 employees (compared to this company's 224) and received an average PPP loan of $1,542,050 (compared to this company's $3.03M).

Similar Nearby Businesses Who Received PPP Funding:

Fannin Fabrication Co., Inc.
Topeka, KS

$52,100 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 3,076 businesses in the "Fabricated Structural Metal Manufacturing" industry received a total of $957,416,230.00 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 23 employees, 90% lower than Ptmw, Inc.'s reported 224 employees, and received an average PPP loan of $311,254, 90% lower than this company's loan of $3.03M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/ptmw-inc-topeka-ks