PPP Loan Data — Anderson Hay & Grain Co., Inc., Ellensburg, WA
Anderson Hay & Grain Co., Inc. is a corporation located at 910 Anderson Rd in Ellensburg, Washington that received a Coronavirus-related PPP loan from the SBA of $3,107,500.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Anderson Hay & Grain Co., Inc. in Ellensburg, WA received a Paycheck Protection Loan of $3.11M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Anderson Hay & Grain Co., Inc.'s total 2019 payroll expenses were approximately $14.92M in order to qualify for the PPP loan amount received.
Based on their reported 232 jobs retained, this equals an estimated average yearly compensation of $64,293 per employee1.
Business Information - Anderson Hay & Grain Co., Inc. in Ellensburg, WA
910 Anderson Rd
Ellensburg, WA 98926
Farm Supplies Merchant Wholesalers (NAICS code 424910)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-08
Similar Companies near Ellensburg
In the Ellensburg area, 8 businesses in the "Farm Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 45 employees (compared to this company's 232) and received an average PPP loan of $710,766 (compared to this company's $3.11M).
Similar Nearby Businesses Who Received PPP Funding:
No 9 Hay Trading Company, LLC
Wesco International Inc
M T A Farms LLC
Anderson Agri LLC
Ward Rugh, Inc.
Hajny Trading LLC
D&C Distributing Inc
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, 94% lower than Anderson Hay & Grain Co., Inc.'s reported 232 employees, and received an average PPP loan of $165,489, 95% lower than this company's loan of $3.11M.
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.
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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