PPP Loan Data — Johnson Enterprises, Inc, Canton, SD
Johnson Enterprises, Inc
Entity: Subchapter S Corporation
Location: Canton, SDTweet This • Search All PPP Data
Johnson Enterprises, Inc is a subchapter s corporation located at 305 W Industrial Rd in Canton, South Dakota that received a Coronavirus-related PPP loan from the SBA of $4,138,100.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST BANK & TRUST
Johnson Enterprises, Inc in Canton, SD received a Paycheck Protection Loan of $4.14M through FIRST BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Johnson Enterprises, Inc's total 2019 payroll expenses were approximately $19.86M in order to qualify for the PPP loan amount received.
Based on their reported 330 jobs retained, this equals an estimated average yearly compensation of $60,191 per employee1.
Business Information - Johnson Enterprises, Inc in Canton, SD
305 W Industrial Rd
Canton, SD 57013
General Freight Trucking, Long-Distance, Truckload (NAICS code 484121)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: SD-
Similar Companies near Canton
In the Canton area, 3 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 111 employees (compared to this company's 330) and received an average PPP loan of $1,388,925 (compared to this company's $4.14M).
Similar Nearby Businesses Who Received PPP Funding:
Randall Van De Kieft
Doug Parisien DBA Parisien Trucking
Industry PPP Comparison Statistics
Nationwide, 30,410 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $2,441,673,488.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 98% lower than Johnson Enterprises, Inc's reported 330 employees, and received an average PPP loan of $80,292, 98% lower than this company's loan of $4.14M.
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