PPP Loan Data — Unverferth Manufacturing Company, Inc., Kalida, OH
Unverferth Manufacturing Company, Inc. is a subchapter s corporation located at 601 South Broad Street Po Box 357 in Kalida, Ohio that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Unverferth Manufacturing Company, Inc. received a Paycheck Protection Loan of $10M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Unverferth Manufacturing Company, Inc.'s total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Unverferth Manufacturing Company, Inc. in Kalida, OH
601 South Broad Street Po Box 357
Kalida, OH 45853
Farm Machinery and Equipment Manufacturing (NAICS code 333111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-05
Industry PPP Comparison Statistics
Nationwide, 1,041 businesses in the "Farm Machinery and Equipment Manufacturing" industry received a total of $318,306,568.00 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, 95% lower than Unverferth Manufacturing Company, Inc.'s reported 500 employees, and received an average PPP loan of $305,770, 97% lower than this company's loan of $10M.
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Footnotes & Information
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