PPP Loan Data — JBI Interiors, LLC, Long Beach, CA
JBI Interiors, LLC is a limited liability company (LLC) located at 2650 El Prresidio St in Long Beach, California that received a Coronavirus-related PPP loan from the SBA of $3,372,610.00 in April, 2020.
The company has reported itself as a White owned business, and employed at least 283 people during the applicable loan loan period.
$ PPP Loan Information
Lender:HARVEST SMALL BUSINESS FINANCE, LLC
JBI Interiors, LLC in Long Beach, CA received a Paycheck Protection Loan of $3.37M through HARVEST SMALL BUSINESS FINANCE, LLC, which was approved in April, 2020.
Based on standard PPP eligibility rules, JBI Interiors, LLC's total 2019 payroll expenses were approximately $16.19M in order to qualify for the PPP loan amount received.
Based on their reported 283 jobs retained, this equals an estimated average yearly compensation of $57,203 per employee1.
Business Information - JBI Interiors, LLC in Long Beach, CA
2650 El Prresidio St
Long Beach, CA 90810
Institutional Furniture Manufacturing (NAICS code 337127)
Business Owner Demographics
Race / Ethnicity: WHITE
Veteran Status: UnreportedCongressional District: CA-44
Similar Companies near Long Beach
In the Long Beach area, 2 businesses in the "Institutional Furniture Manufacturing" industry received a PPP loan. These local businesses reported an average of 143 employees (compared to this company's 283) and received an average PPP loan of $1,697,605 (compared to this company's $3.37M).
Similar Nearby Businesses Who Received PPP Funding:
Sheltercraft Industries Corp.
Long Beach, CA
Industry PPP Comparison Statistics
Nationwide, 644 businesses in the "Institutional Furniture Manufacturing" industry received a total of $209,697,149.00 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 26 employees, 91% lower than JBI Interiors, LLC's reported 283 employees, and received an average PPP loan of $325,617, 90% lower than this company's loan of $3.37M.
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