PPP Loan Data — Wade Trim Group, Inc., Taylor, MI
Wade Trim Group, Inc. is a corporation located at 25251 Northline Rd in Taylor, Michigan that received a Coronavirus-related PPP loan from the SBA of $6,782,900.00 in April, 2020.
$ PPP Loan Information
Wade Trim Group, Inc. in Taylor, MI received a Paycheck Protection Loan of $6.78M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wade Trim Group, Inc.'s total 2019 payroll expenses were approximately $32.56M in order to qualify for the PPP loan amount received.
Based on their reported 422 jobs retained, this equals an estimated average yearly compensation of $77,151 per employee1.
Business Information - Wade Trim Group, Inc. in Taylor, MI
25251 Northline Rd
Taylor, MI 48180
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-12
Similar Companies near Taylor
In the Taylor area, 2 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 211 employees (compared to this company's 422) and received an average PPP loan of $3,404,883 (compared to this company's $6.78M).
Similar Nearby Businesses Who Received PPP Funding:
Sky High Magazine Inc
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 14 employees, 97% lower than Wade Trim Group, Inc.'s reported 422 employees, and received an average PPP loan of $249,856, 96% lower than this company's loan of $6.78M.
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Footnotes & Information
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