PPP Loan Data — Wall Colmonoy Corporation, Madison Heights, MI
Wall Colmonoy Corporation is a subchapter s corporation located at 101 W Girard Ave in Madison Heights, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,868,521.00 in April, 2020.
$ PPP Loan Information
Wall Colmonoy Corporation in Madison Heights, MI received a Paycheck Protection Loan of $2.87M through OXFORD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wall Colmonoy Corporation's total 2019 payroll expenses were approximately $13.77M in order to qualify for the PPP loan amount received.
Based on their reported 240 jobs retained, this equals an estimated average yearly compensation of $57,370 per employee1.
Business Information - Wall Colmonoy Corporation in Madison Heights, MI
101 W Girard Ave
Madison Heights, MI 48071
Aircraft Engine and Engine Parts Manufacturing (NAICS code 336412)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-09
Industry PPP Comparison Statistics
Nationwide, 449 businesses in the "Aircraft Engine and Engine Parts Manufacturing" industry received a total of $220,243,418.00 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, 87% lower than Wall Colmonoy Corporation's reported 240 employees, and received an average PPP loan of $490,520, 83% lower than this company's loan of $2.87M.
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Footnotes & Information
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