PPP Loan Data — Schupan & Sons, Inc., Kalamazoo, MI
Schupan & Sons, Inc. is a subchapter s corporation located at 2619 Miller Road in Kalamazoo, Michigan that received a Coronavirus-related PPP loan from the SBA of $5,366,607.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Schupan & Sons, Inc. received a Paycheck Protection Loan of $5.37M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Schupan & Sons, Inc.'s total 2019 payroll expenses were approximately $25.76M 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 $51,519 per employee1.
Business Information - Schupan & Sons, Inc. in Kalamazoo, MI
2619 Miller Road
Kalamazoo, MI 49001
Plate Work Manufacturing (NAICS code 332313)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-06
Industry PPP Comparison Statistics
Nationwide, 1,433 businesses in the "Plate Work Manufacturing" industry received a total of $345,161,838.00 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 19 employees, 96% lower than Schupan & Sons, Inc.'s reported 500 employees, and received an average PPP loan of $240,867, 96% lower than this company's loan of $5.37M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!