PPP Loan Data — City Harvest, Inc., New York, NY
City Harvest, Inc. is a non-profit organization located at 6 E 32nd Street, 5th Floor in New York, New York that received a Coronavirus-related PPP loan from the SBA of $2,904,154.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
City Harvest, Inc. in New York, NY received a Paycheck Protection Loan of $2.9M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, City Harvest, Inc.'s total 2019 payroll expenses were approximately $13.94M in order to qualify for the PPP loan amount received.
Based on their reported 162 jobs retained, this equals an estimated average yearly compensation of $86,049 per employee1.
Business Information - City Harvest, Inc. in New York, NY
6 E 32nd Street, 5th Floor
New York, NY 10016
Community Food Services (NAICS code 624210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-12
Similar Companies near New York
In the New York area, 3 businesses in the "Community Food Services" industry received a PPP loan. These local businesses reported an average of 80 employees (compared to this company's 162) and received an average PPP loan of $1,176,052 (compared to this company's $2.9M).
Similar Nearby Businesses Who Received PPP Funding:
New York, NY
Shoppers World LTD
New York, NY
Industry PPP Comparison Statistics
Nationwide, 1,806 businesses in the "Community Food Services" industry received a total of $227,454,959.00 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 15 employees, 91% lower than City Harvest, Inc.'s reported 162 employees, and received an average PPP loan of $125,944, 96% lower than this company's loan of $2.9M.
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Footnotes & Information
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