PPP Loan Data — Western Pneumatics, Inc., Eugene, OR
Western Pneumatics, Inc. is a subchapter s corporation located at 110 N. Seneca Rd. in Eugene, Oregon that received a Coronavirus-related PPP loan from the SBA of $2,793,378.00 in April, 2020.
$ PPP Loan Information
Lender:CALIFORNIA BANK OF COMMERCE
Western Pneumatics, Inc. received a Paycheck Protection Loan of $2.79M through CALIFORNIA BANK OF COMMERCE, which was approved in April, 2020.
Based on standard PPP eligibility rules, Western Pneumatics, Inc.'s total 2019 payroll expenses were approximately $13.41M in order to qualify for the PPP loan amount received.
Based on their reported 180 jobs retained, this equals an estimated average yearly compensation of $74,490 per employee1.
Business Information - Western Pneumatics, Inc. in Eugene, OR
110 N. Seneca Rd.
Eugene, OR 97402
Conveyor and Conveying Equipment Manufacturing (NAICS code 333922)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-04
Industry PPP Comparison Statistics
Nationwide, 409 businesses in the "Conveyor and Conveying Equipment Manufacturing" industry received a total of $209,433,358.00 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 30 employees, 83% lower than Western Pneumatics, Inc.'s reported 180 employees, and received an average PPP loan of $512,062, 82% lower than this company's loan of $2.79M.
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Footnotes & Information
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