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PPP Loan Data — EZ Pack Refuse Haulings Solutions, LLC, Cynthiana, KY

SBA PPP loan data, payroll data, and salaries for EZ Pack Refuse Haulings Solutions, LLC
KY

EZ Pack Refuse Haulings Solutions, LLC

Entity: Limited Liability Company (LLC)

Industry: Motor Vehicle Body Manufacturing

Location: Cynthiana, KY

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EZ Pack Refuse Haulings Solutions, LLC is a limited liability company (LLC) located at 200 Ladish Rd in Cynthiana, Kentucky that received a Coronavirus-related PPP loan from the SBA of $2,810,700.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.81M

Jobs Retained:

251

Loan Approved:

2020-04-05

Lender:

ENTERPRISE BANK & TRUST

EZ Pack Refuse Haulings Solutions, LLC received a Paycheck Protection Loan of $2.81M through ENTERPRISE BANK & TRUST, which was approved in April, 2020.

Based on standard PPP eligibility rules, EZ Pack Refuse Haulings Solutions, LLC's total 2019 payroll expenses were approximately $13.49M in order to qualify for the PPP loan amount received.

Based on their reported 251 jobs retained, this equals an estimated average yearly compensation of $53,750 per employee1.

Because the loan received by EZ Pack Refuse Haulings Solutions, 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 - EZ Pack Refuse Haulings Solutions, LLC in Cynthiana, KY

EZ Pack Refuse Haulings Solutions, LLC
200 Ladish Rd
Cynthiana, KY 41031

Business Industry

Motor Vehicle Body Manufacturing (NAICS code 336211)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: KY-04

Similar Companies near Cynthiana

In the Cynthiana area, 2 businesses in the "Motor Vehicle Body Manufacturing" industry received a PPP loan. These local businesses reported an average of 141 employees (compared to this company's 251) and received an average PPP loan of $1,517,939 (compared to this company's $2.81M).

Similar Nearby Businesses Who Received PPP Funding:

Northco Inc
Cynthiana, KY

$225,178 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 475 businesses in the "Motor Vehicle Body Manufacturing" industry received a total of $184,907,694.00 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 32 employees, 87% lower than EZ Pack Refuse Haulings Solutions, LLC's reported 251 employees, and received an average PPP loan of $389,279, 86% lower than this company's loan of $2.81M.

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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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/ez-pack-refuse-haulings-solutions-llc-cynthiana-ky