PPP Loan Data — Cliff Viessman Inc, Gary, SD
Cliff Viessman Inc
Entity: Subchapter S Corporation
Location: Gary, SDTweet This • Search All PPP Data
Cliff Viessman Inc is a subchapter s corporation located at 215 1st Avenue in Gary, South Dakota that received a Coronavirus-related PPP loan from the SBA of $4,182,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 450 people during the applicable loan loan period.
$ PPP Loan Information
Lender:AMERICAN FEDERAL BANK
Cliff Viessman Inc received a Paycheck Protection Loan of $4.18M through AMERICAN FEDERAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Cliff Viessman Inc's total 2019 payroll expenses were approximately $20.07M in order to qualify for the PPP loan amount received.
Based on their reported 450 jobs retained, this equals an estimated average yearly compensation of $44,608 per employee1.
Business Information - Cliff Viessman Inc in Gary, SD
215 1st Avenue
Gary, SD 57237
Specialized Freight (except Used Goods) Trucking, Local (NAICS code 484220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: SD-
Similar Companies near Gary
In the Gary area, 2 businesses in the "Specialized Freight (except Used Goods) Trucking, Local" industry received a PPP loan. These local businesses reported an average of 226 employees (compared to this company's 450) and received an average PPP loan of $2,095,830 (compared to this company's $4.18M).
Similar Nearby Businesses Who Received PPP Funding:
Dirksen Transport, LLC
Industry PPP Comparison Statistics
Nationwide, 15,820 businesses in the "Specialized Freight (except Used Goods) Trucking, Local" industry received a total of $1,349,363,237.00 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 7 employees, 98% lower than Cliff Viessman Inc's reported 450 employees, and received an average PPP loan of $85,295, 98% lower than this company's loan of $4.18M.
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