PPP Loan Data — Spirol International Corp, Danielson, CT
Spirol International Corp
Location: Danielson, CTTweet This • Search All PPP Data
Spirol International Corp is a corporation located at 30 Rock Ave in Danielson, Connecticut that received a Coronavirus-related PPP loan from the SBA of $3,500,000.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
Spirol International Corp received a Paycheck Protection Loan of $3.5M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Spirol International Corp's total 2019 payroll expenses were approximately $16.8M in order to qualify for the PPP loan amount received.
Unlike most businesses, Spirol International Corp'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 - Spirol International Corp in Danielson, CT
30 Rock Ave
Danielson, CT 6239
All Other Miscellaneous Fabricated Metal Product Manufacturing (NAICS code 332999)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-02
Industry PPP Comparison Statistics
Nationwide, 4,328 businesses in the "All Other Miscellaneous Fabricated Metal Product Manufacturing" industry received a total of $1,219,008,137.00 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 22 employees, and received an average PPP loan of $281,656, 92% lower than this company's loan of $3.5M.
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Footnotes & Information
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