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PPP Loan Data — Jonna Markets, LLC, Farmington Hills, MI

SBA PPP loan data, payroll data, and salaries for Jonna Markets, LLC

Jonna Markets, LLC

Entity: Limited Liability Company (LLC)

Industry: Supermarkets and Other Grocery (except Convenience) Stores

Location: Farmington Hills, MI

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Jonna Markets, LLC is a limited liability company (LLC) located at 30777 Northwestern Hwy in Farmington Hills, Michigan that received a Coronavirus-related PPP loan from the SBA of $4,238,300.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Jonna Markets, LLC received a Paycheck Protection Loan of $4.24M through COMERICA BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Jonna Markets, LLC's total 2019 payroll expenses were approximately $20.34M 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 $40,688 per employee1.

Because the loan received by Jonna Markets, LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Jonna Markets, LLC in Farmington Hills, MI

Jonna Markets, LLC
30777 Northwestern Hwy
Farmington Hills, MI 48334

Business Industry

Supermarkets and Other Grocery (except Convenience) Stores (NAICS code 445110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MI-14

Similar Companies near Farmington Hills

In the Farmington Hills area, 8 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a PPP loan. These local businesses reported an average of 83 employees (compared to this company's 500) and received an average PPP loan of $734,124 (compared to this company's $4.24M).

Industry PPP Comparison Statistics

Nationwide, 18,654 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a total of $2,017,651,016.00 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 19 employees, 96% lower than Jonna Markets, LLC's reported 500 employees, and received an average PPP loan of $108,162, 97% lower than this company's loan of $4.24M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

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