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PPP Loan Data — Roppe Holding Company, Fostoria, OH

SBA PPP loan data, payroll data, and salaries for Roppe Holding Company

Roppe Holding Company

Entity: Corporation

Industry: All Other Plastics Product Manufacturing

Location: Fostoria, OH

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Roppe Holding Company is a corporation located at 1602 N Union St in Fostoria, Ohio that received a Coronavirus-related PPP loan from the SBA of $7,000,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Roppe Holding Company received a Paycheck Protection Loan of $7M through PREMIER BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Roppe Holding Company's total 2019 payroll expenses were approximately $33.6M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $67,200 per employee1.

Because the loan received by Roppe Holding Company 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 - Roppe Holding Company in Fostoria, OH

Roppe Holding Company
1602 N Union St
Fostoria, OH 44830

Business Industry

All Other Plastics Product Manufacturing (NAICS code 326199)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: OH-04

Similar Companies near Fostoria

In the Fostoria area, 2 businesses in the "All Other Plastics Product Manufacturing" industry received a PPP loan. These local businesses reported an average of 338 employees (compared to this company's 500) and received an average PPP loan of $4,514,700 (compared to this company's $7M).

Similar Nearby Businesses Who Received PPP Funding:

Fostoria, OH

$2.03M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 3,247 businesses in the "All Other Plastics Product Manufacturing" industry received a total of $1,252,980,223.00 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 33 employees, 93% lower than Roppe Holding Company's reported 500 employees, and received an average PPP loan of $385,889, 94% lower than this company's loan of $7M.

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 - The Civil Employee's Resource **