PPP Loan Data — Taylor Metal Inc, Salem, OR
Taylor Metal Inc
Entity: Not Reported
Location: Salem, ORTweet This • Search All PPP Data
Taylor Metal Inc is a located at 4566 Ridge Dr Ne in Salem, Oregon that received a Coronavirus-related PPP loan from the SBA of $2,555,200.00 in May, 2020.
$ PPP Loan Information
Lender:FIFTH THIRD BANK
Taylor Metal Inc in Salem, OR received a Paycheck Protection Loan of $2.56M through FIFTH THIRD BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, Taylor Metal Inc's total 2019 payroll expenses were approximately $12.26M in order to qualify for the PPP loan amount received.
Based on their reported 247 jobs retained, this equals an estimated average yearly compensation of $49,656 per employee1.
Business Information - Taylor Metal Inc in Salem, OR
4566 Ridge Dr Ne
Salem, OR 97301
Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (NAICS code 333923)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-05
Industry PPP Comparison Statistics
Nationwide, 309 businesses in the "Overhead Traveling Crane, Hoist, and Monorail System Manufacturing" industry received a total of $124,855,845.00 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, 90% lower than Taylor Metal Inc's reported 247 employees, and received an average PPP loan of $404,064, 84% lower than this company's loan of $2.56M.
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Footnotes & Information
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