PPP Loan Data — JF Acquisition, LLC, Morrisville, NC
JF Acquisition, LLC is a limited liability company (LLC) located at 100 Perimeter Park Dr, Suite H in Morrisville, North Carolina that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:THE BANK OF FINCASTLE
JF Acquisition, LLC in Morrisville, NC received a Paycheck Protection Loan of $10M through THE BANK OF FINCASTLE, which was approved in April, 2020.
Based on standard PPP eligibility rules, JF Acquisition, LLC's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Unlike most businesses, JF Acquisition, LLC'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 - JF Acquisition, LLC in Morrisville, NC
100 Perimeter Park Dr, Suite H
Morrisville, NC 27560
Support Activities for Oil and Gas Operations (NAICS code 213112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-04
Industry PPP Comparison Statistics
Nationwide, 11,335 businesses in the "Support Activities for Oil and Gas Operations" industry received a total of $2,439,543,076.00 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 13 employees, and received an average PPP loan of $215,222, 98% lower than this company's loan of $10M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!