PPP Loan Data — J & D Produce, Inc., Edinburg, TX
J & D Produce, Inc. is a limited liability company (LLC) located at 7310 N. Expressway 281 in Edinburg, Texas that received a Coronavirus-related PPP loan from the SBA of $3,006,400.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 449 people during the applicable loan loan period.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
J & D Produce, Inc. received a Paycheck Protection Loan of $3.01M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, J & D Produce, Inc.'s total 2019 payroll expenses were approximately $14.43M in order to qualify for the PPP loan amount received.
Based on their reported 449 jobs retained, this equals an estimated average yearly compensation of $32,140 per employee1.
Business Information - J & D Produce, Inc. in Edinburg, TX
7310 N. Expressway 281
Edinburg, TX 78542
Other Vegetable (except Potato) and Melon Farming (NAICS code 111219)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: TX-15
Similar Companies near Edinburg
In the Edinburg area, 4 businesses in the "Other Vegetable (except Potato) and Melon Farming" industry received a PPP loan. These local businesses reported an average of 147 employees (compared to this company's 449) and received an average PPP loan of $836,943 (compared to this company's $3.01M).
Similar Nearby Businesses Who Received PPP Funding:
Nowell Borders LP
Green Gold Farms Inc
Texas Melon Exchange, Inc.
Industry PPP Comparison Statistics
Nationwide, 2,280 businesses in the "Other Vegetable (except Potato) and Melon Farming" industry received a total of $313,843,829.00 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, 96% lower than J & D Produce, Inc.'s reported 449 employees, and received an average PPP loan of $137,651, 95% lower than this company's loan of $3.01M.
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Footnotes & Information
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