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PPP Loan Data — White House Custom Colour, Inc.,
Saint Paul, MN
White House Custom Colour, Inc.
Entity: Subchapter S Corporation
Industry: Commercial Printing (except Screen and Books)
Location: Saint Paul, MN
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White House Custom Colour, Inc. is a subchapter s corporation located at 2840 Lone Oak Pkwy in Saint Paul, Minnesota that received a Coronavirus-related PPP loan from the SBA of $2,591,300.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
240Loan Approved:
2020-04-05Lender:
TRADITION CAPITAL BANKWhite House Custom Colour, Inc. in Saint Paul, MN received a Paycheck Protection Loan of $2.59M through TRADITION CAPITAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, White House Custom Colour, Inc.'s total 2019 payroll expenses were approximately $12.44M in order to qualify for the PPP loan amount received.
Based on their reported 240 jobs retained, this equals an estimated average yearly compensation of $51,826 per employee1.
Business Information - White House Custom Colour, Inc. in Saint Paul, MN
2840 Lone Oak Pkwy
Saint Paul, MN 55121
Business Industry
Commercial Printing (except Screen and Books) (NAICS code 323111)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MN-02Similar Companies near Saint Paul
In the Saint Paul area, 8 businesses in the "Commercial Printing (except Screen and Books)" industry received a PPP loan. These local businesses reported an average of 38 employees (compared to this company's 240) and received an average PPP loan of $519,766 (compared to this company's $2.59M).
Similar Nearby Businesses Who Received PPP Funding:
LYN-Mar Printing
Eagan, MN
Vanguard Graphics International
Saint Paul, MN
Copy-Right LLC
Saint Paul, MN
Lasermark,Inc
Saint Paul, MN
Expressive Printing, Inc.
Saint Paul, MN
The First Impression Group, Inc
Eagan, MN
Shirt Werks And Promotionals, Inc.
Saint Paul, MN
Industry PPP Comparison Statistics
Nationwide, 13,022 businesses in the "Commercial Printing (except Screen and Books)" industry received a total of $1,940,592,408.00 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 12 employees, 95% lower than White House Custom Colour, Inc.'s reported 240 employees, and received an average PPP loan of $149,024, 94% lower than this company's loan of $2.59M.
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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