PPP Loan Data — Hatteras Cabo Yachts, LLC, New Bern, NC
Hatteras Cabo Yachts, LLC is a limited liability company (LLC) located at 110 N Glenburnie Rd in New Bern, North Carolina that received a Coronavirus-related PPP loan from the SBA of $4,536,500.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST-CITIZENS BANK & TRUST COMPANY
Hatteras Cabo Yachts, LLC received a Paycheck Protection Loan of $4.54M through FIRST-CITIZENS BANK & TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hatteras Cabo Yachts, LLC's total 2019 payroll expenses were approximately $21.78M in order to qualify for the PPP loan amount received.
Based on their reported 350 jobs retained, this equals an estimated average yearly compensation of $62,215 per employee1.
Business Information - Hatteras Cabo Yachts, LLC in New Bern, NC
110 N Glenburnie Rd
New Bern, NC 28560
Ship Building and Repairing (NAICS code 336611)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-03
Industry PPP Comparison Statistics
Nationwide, 683 businesses in the "Ship Building and Repairing" industry received a total of $279,273,080.00 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 25 employees, 93% lower than Hatteras Cabo Yachts, LLC's reported 350 employees, and received an average PPP loan of $408,892, 91% lower than this company's loan of $4.54M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!