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PPP Loan Data — Wanco Inc,
Arvada, CO
Wanco Inc
Entity: Subchapter S Corporation
Industry: Sign Manufacturing
Location: Arvada, CO
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Wanco Inc is a subchapter s corporation located at 5870 Tennyson St in Arvada, Colorado that received a Coronavirus-related PPP loan from the SBA of $4,099,945.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
248Loan Approved:
2020-04-28Lender:
U.S. BANK, NATIONAL ASSOCIATIONWanco Inc in Arvada, CO received a Paycheck Protection Loan of $4.1M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wanco Inc's total 2019 payroll expenses were approximately $19.68M in order to qualify for the PPP loan amount received.
Based on their reported 248 jobs retained, this equals an estimated average yearly compensation of $79,354 per employee1.
Business Information - Wanco Inc in Arvada, CO
5870 Tennyson St
Arvada, CO 80003
Business Industry
Sign Manufacturing (NAICS code 339950)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CO-07Similar Companies near Arvada
In the Arvada area, 5 businesses in the "Sign Manufacturing" industry received a PPP loan. These local businesses reported an average of 52 employees (compared to this company's 248) and received an average PPP loan of $856,369 (compared to this company's $4.1M).
Similar Nearby Businesses Who Received PPP Funding:
Graphicworks LLC
Arvada, CO
Signs For Success, Inc.
Arvada, CO
S&G Signs And Graphics LLC
Arvada, CO
Amdaca, Inc
Arvada, CO
Industry PPP Comparison Statistics
Nationwide, 5,450 businesses in the "Sign Manufacturing" industry received a total of $643,191,913.00 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 10 employees, 96% lower than Wanco Inc's reported 248 employees, and received an average PPP loan of $118,017, 97% lower than this company's loan of $4.1M.
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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