PPP Loan Data — The Mannik & Smith Group, Inc., Maumee, OH
The Mannik & Smith Group, Inc. is a subchapter s corporation located at 1800 Indian Wood Cir in Maumee, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,660,400.00 in April, 2020.
$ PPP Loan Information
Lender:SIGNATURE BANK, NATIONAL ASSOCIATION
The Mannik & Smith Group, Inc. in Maumee, OH received a Paycheck Protection Loan of $4.66M through SIGNATURE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Mannik & Smith Group, Inc.'s total 2019 payroll expenses were approximately $22.37M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $89,480 per employee1.
Business Information - The Mannik & Smith Group, Inc. in Maumee, OH
1800 Indian Wood Cir
Maumee, OH 43537
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-05
Similar Companies near Maumee
In the Maumee area, 8 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 93 employees (compared to this company's 250) and received an average PPP loan of $1,812,794 (compared to this company's $4.66M).
Similar Nearby Businesses Who Received PPP Funding:
Buehrer Group Architecture & Engineering, Inc.
Matrix Technologies, Inc.
MDA Engineering, Inc.
Design Engineers & Consulting Associates, Inc.
DGL Consulting Engineers LLC
Program Solutions Group, LLC
The Jdi Group, Inc
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 94% lower than The Mannik & Smith Group, Inc.'s reported 250 employees, and received an average PPP loan of $249,856, 95% lower than this company's loan of $4.66M.
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Footnotes & Information
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