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PPP Loan Data — Ptmw, Inc.,
Topeka, 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:
Jobs Retained:
224Loan Approved:
2020-04-03Lender:
FIRST HERITAGE BANKPtmw, 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.
Business Information - Ptmw, Inc. in Topeka, KS
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-02Similar 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
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.
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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