PPP Loan Data — Solstice Sleep Products, Inc., Columbus, OH
Solstice Sleep Products, Inc. is a subchapter s corporation located at 2652 Fisher Rd in Columbus, Ohio that received a Coronavirus-related PPP loan from the SBA of $3,750,300.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Solstice Sleep Products, Inc. received a Paycheck Protection Loan of $3.75M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Solstice Sleep Products, Inc.'s total 2019 payroll expenses were approximately $18M in order to qualify for the PPP loan amount received.
Based on their reported 435 jobs retained, this equals an estimated average yearly compensation of $41,383 per employee1.
Business Information - Solstice Sleep Products, Inc. in Columbus, OH
2652 Fisher Rd
Columbus, OH 43204
Mattress Manufacturing (NAICS code 337910)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-03
Industry PPP Comparison Statistics
Nationwide, 347 businesses in the "Mattress Manufacturing" industry received a total of $102,722,329.00 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, 94% lower than Solstice Sleep Products, Inc.'s reported 435 employees, and received an average PPP loan of $296,030, 92% lower than this company's loan of $3.75M.
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Footnotes & Information
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