PPP Loan Data — Robert Zangri, Sidney, OH
Robert Zangri is a limited liability company (LLC) located at 402 Kuther Rd S in Sidney, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,255,450.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:U.S. Bank, National Association
Robert Zangri in Sidney, OH received a Paycheck Protection Loan of $2.26M through U.S. Bank, National Association, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Robert Zangri's 2019 payroll expenses are estimated to be at least $10.83M.
Based on their reported 222 jobs retained, this equals an estimated average yearly compensation of $48,766 per employee1
Reported PPP Proceed Usage:
On the PPP application, Robert Zangri reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,255,450
Business Information - Robert Zangri in Sidney, OH
402 Kuther Rd S
Sidney, OH 45365
Alumina Refining and Primary Aluminum Production
NAICS code 331313
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Industry PPP Comparison Statistics
Nationwide, 165 businesses in the "Alumina Refining and Primary Aluminum Production" industry received a total of $81.24M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 45 employees, 80% lower than Robert Zangri's reported 222 employees, and received an average PPP loan of $492,373, 78% lower than this company's loan of $2.26M.
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Footnotes & Information
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