FederalPay.org
PPP Loan Data — United Alloy, Inc,
Janesville, WI
United Alloy, Inc
Entity: Subchapter S Corporation
Industry: Powder Metallurgy Part Manufacturing
Location: Janesville, WI
Tweet This
•
Search All PPP Data
United Alloy, Inc is a subchapter s corporation located at 4100 Kennedy Rd in Janesville, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $3,988,200.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
360Loan Approved:
2020-04-08Lender:
BMO HARRIS BANK NATIONAL ASSOCIATIONUnited Alloy, Inc received a Paycheck Protection Loan of $3.99M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, United Alloy, Inc's total 2019 payroll expenses were approximately $19.14M in order to qualify for the PPP loan amount received.
Based on their reported 360 jobs retained, this equals an estimated average yearly compensation of $53,176 per employee1.
Business Information - United Alloy, Inc in Janesville, WI
4100 Kennedy Rd
Janesville, WI 53545
Business Industry
Powder Metallurgy Part Manufacturing (NAICS code 332117)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: WI-01Industry PPP Comparison Statistics
Nationwide, 152 businesses in the "Powder Metallurgy Part Manufacturing" industry received a total of $80,841,045.00 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 45 employees, 88% lower than United Alloy, Inc's reported 360 employees, and received an average PPP loan of $531,849, 87% lower than this company's loan of $3.99M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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!