PPP Loan Data — Scapa Tapes North America, LLC, Windsor, CT
Scapa Tapes North America, LLC is a corporation located at 111 Great Pond Drive in Windsor, Connecticut that received a Coronavirus-related PPP loan from the SBA of $3,821,143.00 in April, 2020.
$ PPP Loan Information
Lender:SANTANDER BANK, NATIONAL ASSOCIATION
Scapa Tapes North America, LLC received a Paycheck Protection Loan of $3.82M through SANTANDER BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Scapa Tapes North America, LLC's total 2019 payroll expenses were approximately $18.34M in order to qualify for the PPP loan amount received.
Based on their reported 311 jobs retained, this equals an estimated average yearly compensation of $58,976 per employee1.
Business Information - Scapa Tapes North America, LLC in Windsor, CT
111 Great Pond Drive
Windsor, CT 6095
Adhesive Manufacturing (NAICS code 325520)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-01
Industry PPP Comparison Statistics
Nationwide, 287 businesses in the "Adhesive Manufacturing" industry received a total of $101,862,797.00 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 24 employees, 92% lower than Scapa Tapes North America, LLC's reported 311 employees, and received an average PPP loan of $354,923, 91% lower than this company's loan of $3.82M.
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Footnotes & Information
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