PPP Loan Data — International Gourmet Foods, Inc., Springfield, VA
International Gourmet Foods, Inc. is a corporation located at 7520 Fullerton Road in Springfield, Virginia that received a Coronavirus-related PPP loan from the SBA of $2,593,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 235 people during the applicable loan loan period.
$ PPP Loan Information
International Gourmet Foods, Inc. received a Paycheck Protection Loan of $2.59M through UNITED BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, International Gourmet Foods, Inc.'s total 2019 payroll expenses were approximately $12.45M in order to qualify for the PPP loan amount received.
Based on their reported 235 jobs retained, this equals an estimated average yearly compensation of $52,963 per employee1.
Business Information - International Gourmet Foods, Inc. in Springfield, VA
7520 Fullerton Road
Springfield, VA 22153
Poultry and Poultry Product Merchant Wholesalers (NAICS code 424440)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: VA-08
Similar Companies near Springfield
In the Springfield area, 2 businesses in the "Poultry and Poultry Product Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 119 employees (compared to this company's 235) and received an average PPP loan of $1,305,087 (compared to this company's $2.59M).
Similar Nearby Businesses Who Received PPP Funding:
New On Hsing Corporation
Industry PPP Comparison Statistics
Nationwide, 327 businesses in the "Poultry and Poultry Product Merchant Wholesalers" industry received a total of $67,589,539.00 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, 92% lower than International Gourmet Foods, Inc.'s reported 235 employees, and received an average PPP loan of $206,696, 92% lower than this company's loan of $2.59M.
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Footnotes & Information
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