PPP Loan Data — Jelly Belly Candy Company, Fairfield, CA
Jelly Belly Candy Company is a corporation located at 1 Jelly Belly Lane in Fairfield, California that received a Coronavirus-related PPP loan from the SBA of $8,157,200.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Jelly Belly Candy Company received a Paycheck Protection Loan of $8.16M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Jelly Belly Candy Company's total 2019 payroll expenses were approximately $39.15M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $78,309 per employee1.
Business Information - Jelly Belly Candy Company in Fairfield, CA
1 Jelly Belly Lane
Fairfield, CA 94533
Nonchocolate Confectionery Manufacturing (NAICS code 311340)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: CA-03
Industry PPP Comparison Statistics
Nationwide, 356 businesses in the "Nonchocolate Confectionery Manufacturing" industry received a total of $111,629,483.00 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 29 employees, 94% lower than Jelly Belly Candy Company's reported 500 employees, and received an average PPP loan of $313,566, 96% lower than this company's loan of $8.16M.
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Footnotes & Information
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