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PPP Loan Data — Crunch Pak Holding Company, LLC, Cashmere, WA

SBA PPP loan data, payroll data, and salaries for Crunch Pak Holding Company, LLC
WA

Crunch Pak Holding Company, LLC

Entity: Limited Liability Company (LLC)

Industry: Postharvest Crop Activities (except Cotton Ginning)

Location: Cashmere, WA

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Crunch Pak Holding Company, LLC is a limited liability company (LLC) located at 300 Sunset Ave in Cashmere, Washington that received a Coronavirus-related PPP loan from the SBA of $5,098,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.1M

Jobs Retained:

500

Loan Approved:

2020-04-13

Lender:

KEYBANK NATIONAL ASSOCIATION

Crunch Pak Holding Company, LLC in Cashmere, WA received a Paycheck Protection Loan of $5.1M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Crunch Pak Holding Company, LLC's total 2019 payroll expenses were approximately $24.47M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $48,942 per employee1.

Because the loan received by Crunch Pak Holding Company, LLC 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 - Crunch Pak Holding Company, LLC in Cashmere, WA

Crunch Pak Holding Company, LLC
300 Sunset Ave
Cashmere, WA 98815

Business Industry

Postharvest Crop Activities (except Cotton Ginning) (NAICS code 115114)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: WA-08

Similar Companies near Cashmere

In the Cashmere area, 2 businesses in the "Postharvest Crop Activities (except Cotton Ginning)" industry received a PPP loan. These local businesses reported an average of 340 employees (compared to this company's 500) and received an average PPP loan of $3,448,037 (compared to this company's $5.1M).

Similar Nearby Businesses Who Received PPP Funding:

Blue Star Growers, Inc.
Cashmere, WA

$1.8M PPP Loan

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, 94% lower than Crunch Pak Holding Company, LLC's reported 500 employees, and received an average PPP loan of $302,019, 94% lower than this company's loan of $5.1M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/crunch-pak-holding-company-llc-cashmere-wa