PPP Loan Data — Food Authority South, LLC, Oceanside, NY
Food Authority South, LLC is a limited liability company (LLC) located at 3400 Lawson Blvd. in Oceanside, New York that received a Coronavirus-related PPP loan from the SBA of $3,295,078.00 in April, 2020.
$ PPP Loan Information
Food Authority South, LLC received a Paycheck Protection Loan of $3.3M through SIGNATURE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Food Authority South, LLC's total 2019 payroll expenses were approximately $15.82M in order to qualify for the PPP loan amount received.
Based on their reported 210 jobs retained, this equals an estimated average yearly compensation of $75,316 per employee1.
Business Information - Food Authority South, LLC in Oceanside, NY
3400 Lawson Blvd.
Oceanside, NY 11572
General Line Grocery Merchant Wholesalers (NAICS code 424410)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-04
Similar Companies near Oceanside
In the Oceanside area, 5 businesses in the "General Line Grocery Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 84 employees (compared to this company's 210) and received an average PPP loan of $1,442,955 (compared to this company's $3.3M).
Similar Nearby Businesses Who Received PPP Funding:
Mattera Provisions Inc
VP Distributions Inc
Air Stream Corp
Industry PPP Comparison Statistics
Nationwide, 4,442 businesses in the "General Line Grocery Merchant Wholesalers" industry received a total of $596,799,136.00 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 14 employees, 93% lower than Food Authority South, LLC's reported 210 employees, and received an average PPP loan of $134,354, 96% lower than this company's loan of $3.3M.
FederalPay's PPP Information Policy
Footnotes & Information
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