PPP Loan Data — Harvey Fertilizer And Gas Co, Kinston, NC
Harvey Fertilizer And Gas Co is a subchapter s corporation located at 1291 Us Highway 258 in Kinston, North Carolina that received a Coronavirus-related PPP loan from the SBA of $2,500,700.00 in April, 2020.
$ PPP Loan Information
Harvey Fertilizer And Gas Co received a Paycheck Protection Loan of $2.5M through UNION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Harvey Fertilizer And Gas Co's total 2019 payroll expenses were approximately $12M in order to qualify for the PPP loan amount received.
Based on their reported 246 jobs retained, this equals an estimated average yearly compensation of $48,794 per employee1.
Business Information - Harvey Fertilizer And Gas Co in Kinston, NC
1291 Us Highway 258
Kinston, NC 28504
Fertilizer (Mixing Only) Manufacturing (NAICS code 325314)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-03
Industry PPP Comparison Statistics
Nationwide, 231 businesses in the "Fertilizer (Mixing Only) Manufacturing" industry received a total of $57,735,804.00 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 18 employees, 93% lower than Harvey Fertilizer And Gas Co's reported 246 employees, and received an average PPP loan of $249,939, 90% lower than this company's loan of $2.5M.
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Footnotes & Information
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