PPP Loan Data — Rochester Midland Corporation, Rochester, NY
Rochester Midland Corporation is a corporation located at 155 Paragon Drive in Rochester, New York that received a Coronavirus-related PPP loan from the SBA of $4,404,250.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Rochester Midland Corporation in Rochester, NY received a Paycheck Protection Loan of $4.4M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rochester Midland Corporation's total 2019 payroll expenses were approximately $21.14M in order to qualify for the PPP loan amount received.
Based on their reported 313 jobs retained, this equals an estimated average yearly compensation of $67,541 per employee1.
Business Information - Rochester Midland Corporation in Rochester, NY
155 Paragon Drive
Rochester, NY 14624
Soap and Other Detergent Manufacturing (NAICS code 325611)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-25
Similar Companies near Rochester
In the Rochester area, 2 businesses in the "Soap and Other Detergent Manufacturing" industry received a PPP loan. These local businesses reported an average of 158 employees (compared to this company's 313) and received an average PPP loan of $2,206,962 (compared to this company's $4.4M).
Similar Nearby Businesses Who Received PPP Funding:
Everclean Eastern, LLC
Industry PPP Comparison Statistics
Nationwide, 571 businesses in the "Soap and Other Detergent Manufacturing" industry received a total of $125,586,658.00 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 17 employees, 95% lower than Rochester Midland Corporation's reported 313 employees, and received an average PPP loan of $219,942, 95% lower than this company's loan of $4.4M.
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Footnotes & Information
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