PPP Loan Data — Dykes Lumber Company, Inc, Weehawken, NJ
Dykes Lumber Company, Inc is a corporation located at 1899 Park Ave in Weehawken, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,374,915.00 in April, 2020.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Dykes Lumber Company, Inc in Weehawken, NJ received a Paycheck Protection Loan of $3.37M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Dykes Lumber Company, Inc's total 2019 payroll expenses were approximately $16.2M in order to qualify for the PPP loan amount received.
Based on their reported 170 jobs retained, this equals an estimated average yearly compensation of $95,292 per employee1.
Business Information - Dykes Lumber Company, Inc in Weehawken, NJ
1899 Park Ave
Weehawken, NJ 7086
Other Building Material Dealers (NAICS code 444190)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-08
Similar Companies near Weehawken
In the Weehawken area, 4 businesses in the "Other Building Material Dealers" industry received a PPP loan. These local businesses reported an average of 46 employees (compared to this company's 170) and received an average PPP loan of $881,466 (compared to this company's $3.37M).
Similar Nearby Businesses Who Received PPP Funding:
American Marble & Stone Works, Inc.
Stone Bellisimo LLC
Union City, NJ
Mike And Son Plumbing, Inc.
Union City, NJ
Industry PPP Comparison Statistics
Nationwide, 7,624 businesses in the "Other Building Material Dealers" industry received a total of $1,126,038,672.00 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 12 employees, 93% lower than Dykes Lumber Company, Inc's reported 170 employees, and received an average PPP loan of $147,697, 96% lower than this company's loan of $3.37M.
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Footnotes & Information
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