PPP Loan Data — Trumbull Industries, Inc., Warren, OH
Trumbull Industries, Inc.
Location: Warren, OHTweet This • Search All PPP Data
Trumbull Industries, Inc. is a corporation located at 400 Dietz Rd in Warren, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,644,800.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST NATIONAL BANK OF PENNSYLVANIA
Trumbull Industries, Inc. received a Paycheck Protection Loan of $2.64M through FIRST NATIONAL BANK OF PENNSYLVANIA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Trumbull Industries, Inc.'s total 2019 payroll expenses were approximately $12.7M in order to qualify for the PPP loan amount received.
Based on their reported 234 jobs retained, this equals an estimated average yearly compensation of $54,252 per employee1.
Business Information - Trumbull Industries, Inc. in Warren, OH
400 Dietz Rd
Warren, OH 44483
Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers (NAICS code 423720)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-13
Similar Companies near Warren
In the Warren area, 2 businesses in the "Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 119 employees (compared to this company's 234) and received an average PPP loan of $1,337,641 (compared to this company's $2.64M).
Similar Nearby Businesses Who Received PPP Funding:
Material Management Services, Inc.
Industry PPP Comparison Statistics
Nationwide, 2,431 businesses in the "Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers" industry received a total of $601,862,879.00 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 16 employees, 93% lower than Trumbull Industries, Inc.'s reported 234 employees, and received an average PPP loan of $247,578, 91% lower than this company's loan of $2.64M.
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