PPP Loan Data — HAC, Inc, Oklahoma City, OK
Entity: Subchapter S Corporation
Location: Oklahoma City, OKTweet This • Search All PPP Data
HAC, Inc is a subchapter s corporation located at 390 Nw 36th St in Oklahoma City, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:CIBC BANK USA
HAC, Inc in Oklahoma City, OK received a Paycheck Protection Loan of $10M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, HAC, Inc's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - HAC, Inc in Oklahoma City, OK
390 Nw 36th St
Oklahoma City, OK 73105
Supermarkets and Other Grocery (except Convenience) Stores (NAICS code 445110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OK-05
Similar Companies near Oklahoma City
In the Oklahoma City area, 2 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a PPP loan. These local businesses reported an average of 278 employees (compared to this company's 500) and received an average PPP loan of $5,175,850 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
CAO Nguyen, Inc.
Oklahoma City, OK
Industry PPP Comparison Statistics
Nationwide, 18,654 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a total of $2,017,651,016.00 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 19 employees, 96% lower than HAC, Inc's reported 500 employees, and received an average PPP loan of $108,162, 99% lower than this company's loan of $10M.
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