PPP Loan Data — Boskovich Farms Inc, Oxnard, CA
Boskovich Farms Inc
Entity: Limited Liability Company (LLC)
Location: Oxnard, CATweet This • Search All PPP Data
Boskovich Farms Inc is a limited liability company (LLC) located at 711 Diaz Ave in Oxnard, California that received a Coronavirus-related PPP loan from the SBA of $4,021,252.00 in May, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Boskovich Farms Inc in Oxnard, CA received a Paycheck Protection Loan of $4.02M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Boskovich Farms Inc's total 2019 payroll expenses were approximately $19.3M in order to qualify for the PPP loan amount received.
Based on their reported 199 jobs retained, this equals an estimated average yearly compensation of $96,995 per employee1.
Business Information - Boskovich Farms Inc in Oxnard, CA
711 Diaz Ave
Oxnard, CA 93030
Postharvest Crop Activities (except Cotton Ginning) (NAICS code 115114)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-26
Similar Companies near Oxnard
In the Oxnard area, 3 businesses in the "Postharvest Crop Activities (except Cotton Ginning)" industry received a PPP loan. These local businesses reported an average of 76 employees (compared to this company's 199) and received an average PPP loan of $1,893,817 (compared to this company's $4.02M).
Similar Nearby Businesses Who Received PPP Funding:
Superior Cooling And Ice, A California Limited Liability Com
Gills Onions, LLC
Industry PPP Comparison Statistics
Nationwide, 759 businesses in the "Postharvest Crop Activities (except Cotton Ginning)" industry received a total of $229,232,348.00 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 31 employees, 84% lower than Boskovich Farms Inc's reported 199 employees, and received an average PPP loan of $302,019, 92% lower than this company's loan of $4.02M.
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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