PPP Loan Data — United Abrasives, Inc., North Windham, CT
United Abrasives, Inc. is a corporation located at 185 Boston Post Rd in North Windham, Connecticut that received a Coronavirus-related PPP loan from the SBA of $2,842,500.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
United Abrasives, Inc. in North Windham, CT received a Paycheck Protection Loan of $2.84M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, United Abrasives, Inc.'s total 2019 payroll expenses were approximately $13.64M in order to qualify for the PPP loan amount received.
Unlike most businesses, United Abrasives, Inc.'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 - United Abrasives, Inc. in North Windham, CT
185 Boston Post Rd
North Windham, CT 6256
Abrasive Product Manufacturing (NAICS code 327910)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-02
Industry PPP Comparison Statistics
Nationwide, 225 businesses in the "Abrasive Product Manufacturing" industry received a total of $71,345,382.00 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 23 employees, and received an average PPP loan of $317,091, 89% lower than this company's loan of $2.84M.
FederalPay's PPP Information Policy
Footnotes & Information
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