PPP Loan Data — Roppe Holding Company, Fostoria, OH
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
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.
Business Information - Roppe Holding Company in Fostoria, OH
1602 N Union St
Fostoria, OH 44830
All Other Plastics Product Manufacturing (NAICS code 326199)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional 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:
NOX Us, LLC
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.
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Footnotes & Information
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