PPP Loan Data — Hanover Consumer Cooperative Society Inc, Hanover, NH
Hanover Consumer Cooperative Society Inc
Location: Hanover, NHTweet This • Search All PPP Data
Hanover Consumer Cooperative Society Inc is a corporation located at 45 South Park St in Hanover, New Hampshire that received a Coronavirus-related PPP loan from the SBA of $3,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:LEDYARD NATIONAL BANK
Hanover Consumer Cooperative Society Inc received a Paycheck Protection Loan of $3M through LEDYARD NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hanover Consumer Cooperative Society Inc's total 2019 payroll expenses were approximately $14.4M in order to qualify for the PPP loan amount received.
Based on their reported 329 jobs retained, this equals an estimated average yearly compensation of $43,769 per employee1.
Business Information - Hanover Consumer Cooperative Society Inc in Hanover, NH
45 South Park St
Hanover, NH 3755
Supermarkets and Other Grocery (except Convenience) Stores (NAICS code 445110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NH-02
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, 94% lower than Hanover Consumer Cooperative Society Inc's reported 329 employees, and received an average PPP loan of $108,162, 96% lower than this company's loan of $3M.
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Footnotes & Information
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