PPP Loan Data — Griffin Greenhouse Supplies, Inc., Tewksbury, MA
Griffin Greenhouse Supplies, Inc. is a subchapter s corporation located at 1619 Main St in Tewksbury, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $4,055,336.00 in April, 2020.
$ PPP Loan Information
Lender:NEWBURYPORT FIVE CENTS SAVINGS BANK
Griffin Greenhouse Supplies, Inc. received a Paycheck Protection Loan of $4.06M through NEWBURYPORT FIVE CENTS SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Griffin Greenhouse Supplies, Inc.'s total 2019 payroll expenses were approximately $19.47M in order to qualify for the PPP loan amount received.
Based on their reported 285 jobs retained, this equals an estimated average yearly compensation of $68,300 per employee1.
Business Information - Griffin Greenhouse Supplies, Inc. in Tewksbury, MA
1619 Main St
Tewksbury, MA 1876
Farm Supplies Merchant Wholesalers (NAICS code 424910)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-06
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 Griffin Greenhouse Supplies, Inc.'s reported 285 employees, and received an average PPP loan of $165,489, 96% lower than this company's loan of $4.06M.
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Footnotes & Information
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