PPP Loan Data — Schaedler Yesco Distribution, Inc, Harrisburg, PA
Schaedler Yesco Distribution, Inc
Entity: Subchapter S Corporation
Industry: Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers
Location: Harrisburg, PATweet This • Search All PPP Data
Schaedler Yesco Distribution, Inc is a subchapter s corporation located at 3982 Paxton Street in Harrisburg, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $4,728,800.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
Schaedler Yesco Distribution, Inc in Harrisburg, PA received a Paycheck Protection Loan of $4.73M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Schaedler Yesco Distribution, Inc's total 2019 payroll expenses were approximately $22.7M in order to qualify for the PPP loan amount received.
Unlike most businesses, Schaedler Yesco Distribution, Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Schaedler Yesco Distribution, Inc in Harrisburg, PA
3982 Paxton Street
Harrisburg, PA 17111
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-10
Industry PPP Comparison Statistics
Nationwide, 4,322 businesses in the "Electrical Apparatus and Equipment, Wiring Supplies, and Related Equipment Merchant Wholesalers" industry received a total of $994,969,830.00 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 15 employees, and received an average PPP loan of $230,211, 95% lower than this company's loan of $4.73M.
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