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PPP Loan Data — W/K Holding Company, Inc.,
Fort Scott, KS
W/K Holding Company, Inc.
Entity: Corporation
Industry: Stationery Product Manufacturing
Location: Fort Scott, KS
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W/K Holding Company, Inc. is a corporation located at 2401 Cooper St in Fort Scott, Kansas that received a Coronavirus-related PPP loan from the SBA of $2,715,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
307Loan Approved:
2020-04-07Lender:
ARVEST BANKW/K Holding Company, Inc. in Fort Scott, KS received a Paycheck Protection Loan of $2.72M through ARVEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, W/K Holding Company, Inc.'s total 2019 payroll expenses were approximately $13.03M in order to qualify for the PPP loan amount received.
Based on their reported 307 jobs retained, this equals an estimated average yearly compensation of $42,450 per employee1.
Business Information - W/K Holding Company, Inc. in Fort Scott, KS
2401 Cooper St
Fort Scott, KS 66701
Business Industry
Stationery Product Manufacturing (NAICS code 322230)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: KS-02Industry PPP Comparison Statistics
Nationwide, 206 businesses in the "Stationery Product Manufacturing" industry received a total of $81,659,931.00 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 32 employees, 90% lower than W/K Holding Company, Inc.'s reported 307 employees, and received an average PPP loan of $396,407, 85% lower than this company's loan of $2.72M.
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, 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.
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