PPP Loan Data — Wincraft Inc, Winona, MN
Wincraft Inc is a corporation located at 960 E. Mark St. in Winona, Minnesota that received a Coronavirus-related PPP loan from the SBA of $5,919,115.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:U.S. BANK, NATIONAL ASSOCIATION
Wincraft Inc received a Paycheck Protection Loan of $5.92M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wincraft Inc's total 2019 payroll expenses were approximately $28.41M 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 $56,824 per employee1.
Business Information - Wincraft Inc in Winona, MN
960 E. Mark St.
Winona, MN 55987
Sporting and Athletic Goods Manufacturing (NAICS code 339920)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MN-01
Similar Companies near Winona
In the Winona area, 2 businesses in the "Sporting and Athletic Goods Manufacturing" industry received a PPP loan. These local businesses reported an average of 254 employees (compared to this company's 500) and received an average PPP loan of $2,969,708 (compared to this company's $5.92M).
Similar Nearby Businesses Who Received PPP Funding:
Pillbox Bat Company LLC
Industry PPP Comparison Statistics
Nationwide, 1,674 businesses in the "Sporting and Athletic Goods Manufacturing" industry received a total of $240,620,308.00 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 13 employees, 97% lower than Wincraft Inc's reported 500 employees, and received an average PPP loan of $143,740, 98% lower than this company's loan of $5.92M.
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