PPP Loan Data — WGS Global Services, L.C., Flint, MI
WGS Global Services, L.C. is a subchapter s corporation located at 6350 Taylor Dr. in Flint, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,803,089.00 in April, 2020.
$ PPP Loan Information
Lender:TCF NATIONAL BANK
WGS Global Services, L.C. received a Paycheck Protection Loan of $2.8M through TCF NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, WGS Global Services, L.C.'s total 2019 payroll expenses were approximately $13.45M in order to qualify for the PPP loan amount received.
Based on their reported 318 jobs retained, this equals an estimated average yearly compensation of $42,311 per employee1.
Business Information - WGS Global Services, L.C. in Flint, MI
6350 Taylor Dr.
Flint, MI 48507
All Other Plastics Product Manufacturing (NAICS code 326199)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-05
Similar Companies near Flint
In the Flint area, 2 businesses in the "All Other Plastics Product Manufacturing" industry received a PPP loan. These local businesses reported an average of 208 employees (compared to this company's 318) and received an average PPP loan of $1,806,620 (compared to this company's $2.8M).
Similar Nearby Businesses Who Received PPP Funding:
ACI Plastics, Inc.
Industry PPP Comparison Statistics
Nationwide, 3,247 businesses in the "All Other Plastics Product Manufacturing" industry received a total of $1,252,980,223.00 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 33 employees, 90% lower than WGS Global Services, L.C.'s reported 318 employees, and received an average PPP loan of $385,889, 86% lower than this company's loan of $2.8M.
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Footnotes & Information
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