PPP Loan Data — Whiting Door Manufacturing Corp., Akron, NY
Whiting Door Manufacturing Corp. is a corporation located at 113 Cedar Street in Akron, New York that received a Coronavirus-related PPP loan from the SBA of $7,309,000.00 in May, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Whiting Door Manufacturing Corp. received a Paycheck Protection Loan of $7.31M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in May, 2020.
Based on standard PPP eligibility rules, Whiting Door Manufacturing Corp.'s total 2019 payroll expenses were approximately $35.08M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $70,166 per employee1.
Business Information - Whiting Door Manufacturing Corp. in Akron, NY
113 Cedar Street
Akron, NY 14001
Truck Trailer Manufacturing (NAICS code 336212)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-27
Industry PPP Comparison Statistics
Nationwide, 652 businesses in the "Truck Trailer Manufacturing" industry received a total of $211,699,391.00 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, 95% lower than Whiting Door Manufacturing Corp.'s reported 500 employees, and received an average PPP loan of $324,692, 96% lower than this company's loan of $7.31M.
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Footnotes & Information
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