PPP Loan Data — Frenchman Valley Farmers Cooperative Inc., Imperial, NE
Frenchman Valley Farmers Cooperative Inc. is a cooperative located at 202 Broadway in Imperial, Nebraska that received a Coronavirus-related PPP loan from the SBA of $3,698,760.00 in April, 2020.
$ PPP Loan Information
Frenchman Valley Farmers Cooperative Inc. in Imperial, NE received a Paycheck Protection Loan of $3.7M through COBANK ACB, which was approved in April, 2020.
Based on standard PPP eligibility rules, Frenchman Valley Farmers Cooperative Inc.'s total 2019 payroll expenses were approximately $17.75M in order to qualify for the PPP loan amount received.
Based on their reported 281 jobs retained, this equals an estimated average yearly compensation of $63,182 per employee1.
Business Information - Frenchman Valley Farmers Cooperative Inc. in Imperial, NE
Imperial, NE 69033
Farm Supplies Merchant Wholesalers (NAICS code 424910)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NE-03
Similar Companies near Imperial
In the Imperial area, 3 businesses in the "Farm Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 103 employees (compared to this company's 281) and received an average PPP loan of $1,326,787 (compared to this company's $3.7M).
Similar Nearby Businesses Who Received PPP Funding:
DSK Irrigation, LLC
Pivot Electric, Inc
Industry PPP Comparison Statistics
Nationwide, 3,012 businesses in the "Farm Supplies Merchant Wholesalers" industry received a total of $498,453,282.00 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, 95% lower than Frenchman Valley Farmers Cooperative Inc.'s reported 281 employees, and received an average PPP loan of $165,489, 96% lower than this company's loan of $3.7M.
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Footnotes & Information
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