PPP Loan Data — Silberline Manufacturing Co Inc, Tamaqua, PA
Silberline Manufacturing Co Inc is a subchapter s corporation located at 130 Lincoln Drive in Tamaqua, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,096,400.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
Silberline Manufacturing Co Inc in Tamaqua, PA received a Paycheck Protection Loan of $3.1M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Silberline Manufacturing Co Inc's total 2019 payroll expenses were approximately $14.86M in order to qualify for the PPP loan amount received.
Unlike most businesses, Silberline Manufacturing Co 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 - Silberline Manufacturing Co Inc in Tamaqua, PA
130 Lincoln Drive
Tamaqua, PA 18252
Secondary Smelting and Alloying of Aluminum (NAICS code 331314)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-09
Industry PPP Comparison Statistics
Nationwide, 46 businesses in the "Secondary Smelting and Alloying of Aluminum" industry received a total of $38,193,131.00 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 62 employees, and received an average PPP loan of $830,285, 73% lower than this company's loan of $3.1M.
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Footnotes & Information
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