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PPP Loan Data — Galliker Dairy Company, Johnstown, PA

SBA PPP loan data, payroll data, and salaries for Galliker Dairy Company
PA

Galliker Dairy Company

Entity: Corporation

Industry: Fluid Milk Manufacturing

Location: Johnstown, PA

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Galliker Dairy Company is a corporation located at 159 Po Box in Johnstown, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $5,184,200.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 353 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$5.18M

Jobs Retained:

353

Loan Approved:

2020-04-13

Lender:

FIRST COMMONWEALTH BANK

Galliker Dairy Company received a Paycheck Protection Loan of $5.18M through FIRST COMMONWEALTH BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Galliker Dairy Company's total 2019 payroll expenses were approximately $24.88M in order to qualify for the PPP loan amount received.

Based on their reported 353 jobs retained, this equals an estimated average yearly compensation of $70,493 per employee1.

Because the loan received by Galliker Dairy Company 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 - Galliker Dairy Company in Johnstown, PA

Galliker Dairy Company
159 Po Box
Johnstown, PA 15907

Business Industry

Fluid Milk Manufacturing (NAICS code 311511)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: PA-13

Industry PPP Comparison Statistics

Nationwide, 204 businesses in the "Fluid Milk Manufacturing" industry received a total of $121,641,804.00 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 46 employees, 87% lower than Galliker Dairy Company's reported 353 employees, and received an average PPP loan of $596,283, 88% lower than this company's loan of $5.18M.

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.

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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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Source: www.federalpay.org/paycheck-protection-program/galliker-dairy-company-johnstown-pa