PPP Loan Data — Walpole Outdoors LLC, Norwood, MA
Walpole Outdoors LLC
Entity: Limited Liability Company (LLC)
Location: Norwood, MATweet This • Search All PPP Data
Walpole Outdoors LLC is a limited liability company (LLC) located at 100 River Ridge Dr in Norwood, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,525,600.00 in April, 2020.
$ PPP Loan Information
Lender:MIDDLESEX SAVINGS BANK
Walpole Outdoors LLC in Norwood, MA received a Paycheck Protection Loan of $2.53M through MIDDLESEX SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Walpole Outdoors LLC's total 2019 payroll expenses were approximately $12.12M in order to qualify for the PPP loan amount received.
Based on their reported 192 jobs retained, this equals an estimated average yearly compensation of $63,140 per employee1.
Business Information - Walpole Outdoors LLC in Norwood, MA
100 River Ridge Dr
Norwood, MA 02062
All Other Miscellaneous Wood Product Manufacturing (NAICS code 321999)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-08
Industry PPP Comparison Statistics
Nationwide, 2,448 businesses in the "All Other Miscellaneous Wood Product Manufacturing" industry received a total of $338,832,974.00 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 13 employees, 93% lower than Walpole Outdoors LLC's reported 192 employees, and received an average PPP loan of $138,412, 95% lower than this company's loan of $2.53M.
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Footnotes & Information
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