PPP Loan Data — Taylor Metal Inc,
Salem, OR
Taylor Metal Inc
Entity: Not Reported
Industry: Overhead Traveling Crane, Hoist, and Monorail System Manufacturing
Location: Salem, OR

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
Loan Size:
Jobs Retained:
247Loan Approved:
2020-05-01Lender:
FIFTH THIRD BANKTaylor 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
Business Industry
Overhead Traveling Crane, Hoist, and Monorail System Manufacturing (NAICS code 333923)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: OR-05Industry 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.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
Have FederalPay.org's open data tools been valuable? Consider donating!