PPP Loan Data — Ware Industries Inc, South Plainfield, NJ
Ware Industries Inc is a corporation located at 400 Metuchen Road in South Plainfield, New Jersey that received a Coronavirus-related PPP loan from the SBA of $6,953,100.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:PNC BANK, NATIONAL ASSOCIATION
Ware Industries Inc received a Paycheck Protection Loan of $6.95M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ware Industries Inc's total 2019 payroll expenses were approximately $33.37M in order to qualify for the PPP loan amount received.
Unlike most businesses, Ware Industries Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Ware Industries Inc in South Plainfield, NJ
400 Metuchen Road
South Plainfield, NJ 7080
Rolled Steel Shape Manufacturing (NAICS code 331221)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-06
Industry PPP Comparison Statistics
Nationwide, 365 businesses in the "Rolled Steel Shape Manufacturing" industry received a total of $157,376,636.00 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 27 employees, and received an average PPP loan of $431,169, 94% lower than this company's loan of $6.95M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!