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PPP Loan Data — Agriland Fs, Inc., Winterset, IA

SBA PPP loan data, payroll data, and salaries for Agriland Fs, Inc.

Agriland Fs, Inc.

Entity: Corporation

Industry: Farm Supplies Merchant Wholesalers

Location: Winterset, IA

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Agriland Fs, Inc. is a corporation located at 421 N. 10th St in Winterset, Iowa that received a Coronavirus-related PPP loan from the SBA of $5,630,250.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Agriland Fs, Inc. in Winterset, IA received a Paycheck Protection Loan of $5.63M through COBANK ACB, which was approved in April, 2020.

Based on standard PPP eligibility rules, Agriland Fs, Inc.'s total 2019 payroll expenses were approximately $27.03M in order to qualify for the PPP loan amount received.

Based on their reported 465 jobs retained, this equals an estimated average yearly compensation of $58,119 per employee1.

Because the loan received by Agriland Fs, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Agriland Fs, Inc. in Winterset, IA

Agriland Fs, Inc.
421 N. 10th St
Winterset, IA 50273

Business Industry

Farm Supplies Merchant Wholesalers (NAICS code 424910)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: IA-03

Similar Companies near Winterset

In the Winterset area, 2 businesses in the "Farm Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 234 employees (compared to this company's 465) and received an average PPP loan of $2,844,000 (compared to this company's $5.63M).

Similar Nearby Businesses Who Received PPP Funding:

HWY 169 AG Services, LLC
Winterset, IA

$57,749 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 3,012 businesses in the "Farm Supplies Merchant Wholesalers" industry received a total of $498,453,282.00 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 14 employees, 97% lower than Agriland Fs, Inc.'s reported 465 employees, and received an average PPP loan of $165,489, 97% lower than this company's loan of $5.63M.

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, and is published unmodified, as provided by the SBA.

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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.

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