PPP Loan Data — Superior Duct Fabrication, Inc., Pomona, CA
Superior Duct Fabrication, Inc. is a subchapter s corporation located at 1683 Mount Vernon Ave in Pomona, California that received a Coronavirus-related PPP loan from the SBA of $4,347,200.00 in April, 2020.
The company has reported itself as a Hispanic owned business, and employed at least 232 people during the applicable loan loan period.
$ PPP Loan Information
Lender:AMERICAN BUSINESS BANK
Superior Duct Fabrication, Inc. received a Paycheck Protection Loan of $4.35M through AMERICAN BUSINESS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Superior Duct Fabrication, Inc.'s total 2019 payroll expenses were approximately $20.87M in order to qualify for the PPP loan amount received.
Based on their reported 232 jobs retained, this equals an estimated average yearly compensation of $89,942 per employee1.
Business Information - Superior Duct Fabrication, Inc. in Pomona, CA
1683 Mount Vernon Ave
Pomona, CA 91768
Sheet Metal Work Manufacturing (NAICS code 332322)
Business Owner Demographics
Race / Ethnicity: HISPANIC
Veteran Status: UnreportedCongressional District: CA-35
Similar Companies near Pomona
In the Pomona area, 4 businesses in the "Sheet Metal Work Manufacturing" industry received a PPP loan. These local businesses reported an average of 70 employees (compared to this company's 232) and received an average PPP loan of $1,247,734 (compared to this company's $4.35M).
Similar Nearby Businesses Who Received PPP Funding:
Equipment Design & Manufacturing Inc
Precise Fab Tech. Inc
J & J Metal Fabrication Inc
Industry PPP Comparison Statistics
Nationwide, 2,639 businesses in the "Sheet Metal Work Manufacturing" industry received a total of $793,668,527.00 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 21 employees, 91% lower than Superior Duct Fabrication, Inc.'s reported 232 employees, and received an average PPP loan of $300,746, 93% lower than this company's loan of $4.35M.
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Footnotes & Information
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