PPP Loan Data — JAD Transportation Inc, Plainview, NY
JAD Transportation Inc is a corporation located at 105 Cedar Dr in Plainview, New York that received a Coronavirus-related PPP loan from the SBA of $4,411,794.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CROSS RIVER BANK
JAD Transportation Inc received a Paycheck Protection Loan of $4.41M through CROSS RIVER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, JAD Transportation Inc's total 2019 payroll expenses were approximately $21.18M in order to qualify for the PPP loan amount received.
Unlike most businesses, JAD Transportation Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - JAD Transportation Inc in Plainview, NY
105 Cedar Dr
Plainview, NY 11803
Travel Agencies (NAICS code 561510)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-03
Similar Companies near Plainview
In the Plainview area, 6 businesses in the "Travel Agencies" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 0) and received an average PPP loan of $764,090 (compared to this company's $4.41M).
Similar Nearby Businesses Who Received PPP Funding:
Club America Travel & Tours Inc.-Sba Small 7A Term
Best New York Tours Inc
Let's Go Travel, Inc.
Y Pay More Travel Inc
Power Travel International, Inc.
Industry PPP Comparison Statistics
Nationwide, 9,316 businesses in the "Travel Agencies" industry received a total of $500,148,248.00 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 5 employees, and received an average PPP loan of $53,687, 99% lower than this company's loan of $4.41M.
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Footnotes & Information
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