PPP Loan Data — Winger Contracting Company, Ottumwa, IA
Winger Contracting Company
Industry: Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance
Location: Ottumwa, IATweet This • Search All PPP Data
Winger Contracting Company is a corporation located at 918 Hayne St in Ottumwa, Iowa that received a Coronavirus-related PPP loan from the SBA of $3,500,000.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 225 people during the applicable loan loan period.
$ PPP Loan Information
Lender:COMMUNITY 1ST CU
Winger Contracting Company received a Paycheck Protection Loan of $3.5M through COMMUNITY 1ST CU, which was approved in April, 2020.
Based on standard PPP eligibility rules, Winger Contracting Company's total 2019 payroll expenses were approximately $16.8M in order to qualify for the PPP loan amount received.
Based on their reported 225 jobs retained, this equals an estimated average yearly compensation of $74,667 per employee1.
Business Information - Winger Contracting Company in Ottumwa, IA
918 Hayne St
Ottumwa, IA 52501
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: VETERANCongressional District: IA-02
Similar Companies near Ottumwa
In the Ottumwa area, 2 businesses in the "Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance" industry received a PPP loan. These local businesses reported an average of 120 employees (compared to this company's 225) and received an average PPP loan of $1,799,164 (compared to this company's $3.5M).
Similar Nearby Businesses Who Received PPP Funding:
Lunt Reliability Service, LLC
Industry PPP Comparison Statistics
Nationwide, 12,028 businesses in the "Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance" industry received a total of $1,542,124,009.00 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 10 employees, 96% lower than Winger Contracting Company's reported 225 employees, and received an average PPP loan of $128,211, 96% lower than this company's loan of $3.5M.
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