PPP Loan Data — Wolff Bros. Supply, Inc., Medina, OH
Wolff Bros. Supply, Inc.
Entity: Subchapter S Corporation
Location: Medina, OHTweet This • Search All PPP Data
Wolff Bros. Supply, Inc. is a subchapter s corporation located at 6078 Wolff Rd. in Medina, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,483,700.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Wolff Bros. Supply, Inc. received a Paycheck Protection Loan of $4.48M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wolff Bros. Supply, Inc.'s total 2019 payroll expenses were approximately $21.52M in order to qualify for the PPP loan amount received.
Based on their reported 359 jobs retained, this equals an estimated average yearly compensation of $59,949 per employee1.
Business Information - Wolff Bros. Supply, Inc. in Medina, OH
6078 Wolff Rd.
Medina, OH 44256
Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers (NAICS code 423720)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-07
Industry PPP Comparison Statistics
Nationwide, 2,431 businesses in the "Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers" industry received a total of $601,862,879.00 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 16 employees, 96% lower than Wolff Bros. Supply, Inc.'s reported 359 employees, and received an average PPP loan of $247,578, 94% lower than this company's loan of $4.48M.
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Footnotes & Information
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