PPP Loan Data — Ultra Poly Corp, Portland, PA
Ultra Poly Corp is a corporation located at 102 Demi Road Po Box 330 in Portland, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,557,200.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:PNC BANK, NATIONAL ASSOCIATION
Ultra Poly Corp in Portland, PA received a Paycheck Protection Loan of $2.56M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ultra Poly Corp's total 2019 payroll expenses were approximately $12.27M in order to qualify for the PPP loan amount received.
Unlike most businesses, Ultra Poly Corp's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Ultra Poly Corp in Portland, PA
102 Demi Road Po Box 330
Portland, PA 18351
Plastics Material and Resin Manufacturing (NAICS code 325211)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-07
Industry PPP Comparison Statistics
Nationwide, 858 businesses in the "Plastics Material and Resin Manufacturing" industry received a total of $311,116,969.00 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 29 employees, and received an average PPP loan of $362,607, 86% lower than this company's loan of $2.56M.
FederalPay's PPP Information Policy
Footnotes & Information
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