PPP Loan Data — Just Born Inc, Bethlehem, PA
Just Born Inc is a corporation located at 1300 Stefko Blvd in Bethlehem, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Just Born Inc in Bethlehem, PA received a Paycheck Protection Loan of $10M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Just Born Inc's total 2019 payroll expenses were approximately $48M 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 $96,000 per employee1.
Business Information - Just Born Inc in Bethlehem, PA
1300 Stefko Blvd
Bethlehem, PA 18017
Nonchocolate Confectionery Manufacturing (NAICS code 311340)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-07
Similar Companies near Bethlehem
In the Bethlehem area, 2 businesses in the "Nonchocolate Confectionery Manufacturing" industry received a PPP loan. These local businesses reported an average of 256 employees (compared to this company's 500) and received an average PPP loan of $5,040,388 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Granola Factory LLC
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 Just Born Inc's reported 500 employees, and received an average PPP loan of $313,566, 97% lower than this company's loan of $10M.
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Footnotes & Information
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