FederalPay.org
PPP Loan Data — Wincraft Inc,
Winona, MN
Wincraft Inc
Entity: Corporation
Industry: Sporting and Athletic Goods Manufacturing
Location: Winona, MN
Tweet This
•
Search All PPP Data
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
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-13Lender:
U.S. BANK, NATIONAL ASSOCIATIONWincraft 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
Business Industry
Sporting and Athletic Goods Manufacturing (NAICS code 339920)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: MN-01Similar 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
Winona, MN
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.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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.
Have FederalPay.org's open data tools been valuable? Consider donating!