PPP Loan Data — Infucare RX Inc, Fairfield, NJ
Infucare RX Inc is a corporation located at 695 Us Highway 46 in Fairfield, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,527,000.00 in May, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Infucare RX Inc received a Paycheck Protection Loan of $2.53M through PNC BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Infucare RX Inc's total 2019 payroll expenses were approximately $12.13M in order to qualify for the PPP loan amount received.
Based on their reported 185 jobs retained, this equals an estimated average yearly compensation of $65,565 per employee1.
Business Information - Infucare RX Inc in Fairfield, NJ
695 Us Highway 46
Fairfield, NJ 7004
Unknown (NAICS code 0)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-11
Similar Companies near Fairfield
In the Fairfield area, 2,175 businesses in the "Unknown" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 185) and received an average PPP loan of $162,615 (compared to this company's $2.53M).
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Industry PPP Comparison Statistics
Nationwide, 5,156,850 businesses in the "Unknown" industry received a total of $522,949,858,572.00 in PPP loans. These businesses account for 100% of total PPP applications submitted, and received 100% of the total PPP funding allocated.
PPP recipients in this industry report an average of 10 employees, 95% lower than Infucare RX Inc's reported 185 employees, and received an average PPP loan of $101,409, 96% lower than this company's loan of $2.53M.
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