PPP Loan Data — Wenger Manufacturing Inc, Sabetha, KS
Wenger Manufacturing Inc is a corporation located at 15 Commerce Drive in Sabetha, Kansas that received a Coronavirus-related PPP loan from the SBA of $5,105,300.00 in April, 2020.
$ PPP Loan Information
Lender:UNITED BANK & TRUST
Wenger Manufacturing Inc in Sabetha, KS received a Paycheck Protection Loan of $5.11M through UNITED BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wenger Manufacturing Inc's total 2019 payroll expenses were approximately $24.51M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $98,022 per employee1.
Business Information - Wenger Manufacturing Inc in Sabetha, KS
15 Commerce Drive
Sabetha, KS 66534
Food Product Machinery Manufacturing (NAICS code 333241)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: KS-02
Similar Companies near Sabetha
In the Sabetha area, 2 businesses in the "Food Product Machinery Manufacturing" industry received a PPP loan. These local businesses reported an average of 167 employees (compared to this company's 250) and received an average PPP loan of $3,262,950 (compared to this company's $5.11M).
Similar Nearby Businesses Who Received PPP Funding:
Extru Tech Inc
Industry PPP Comparison Statistics
Nationwide, 710 businesses in the "Food Product Machinery Manufacturing" industry received a total of $202,544,701.00 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 21 employees, 92% lower than Wenger Manufacturing Inc's reported 250 employees, and received an average PPP loan of $285,274, 94% lower than this company's loan of $5.11M.
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Footnotes & Information
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