PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — K. E. Mckay's Market Of Coos Bay, Inc., Coos Bay, OR

SBA PPP loan data, payroll data, and salaries for K. E. Mckay's Market Of Coos Bay, Inc.
OR

K. E. Mckay's Market Of Coos Bay, Inc.

Entity: Corporation

Industry: Supermarkets and Other Grocery (except Convenience) Stores

Location: Coos Bay, OR

Search All PPP Data

K. E. Mckay's Market Of Coos Bay, Inc. is a corporation located at Po Box 1080 in Coos Bay, Oregon that received a Coronavirus-related PPP loan from the SBA of $2,540,200.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.54M

Jobs Retained:

349

Loan Approved:

2020-04-07

Lender:

UMPQUA BANK

K. E. Mckay's Market Of Coos Bay, Inc. in Coos Bay, OR received a Paycheck Protection Loan of $2.54M through UMPQUA BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, K. E. Mckay's Market Of Coos Bay, Inc.'s total 2019 payroll expenses were approximately $12.19M in order to qualify for the PPP loan amount received.

Based on their reported 349 jobs retained, this equals an estimated average yearly compensation of $34,937 per employee1.

Because the loan received by K. E. Mckay's Market Of Coos Bay, Inc. 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 - K. E. Mckay's Market Of Coos Bay, Inc. in Coos Bay, OR

K. E. Mckay's Market Of Coos Bay, Inc.
Po Box 1080
Coos Bay, OR 97420

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: OR-04

Similar Companies near Coos Bay

In the Coos Bay area, 2 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a PPP loan. These local businesses reported an average of 183 employees (compared to this company's 349) and received an average PPP loan of $1,300,587 (compared to this company's $2.54M).

Similar Nearby Businesses Who Received PPP Funding:

Burns Davey Jones Locker, Inc.
Coos Bay, OR

$60,974 PPP Loan

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, 95% lower than K. E. Mckay's Market Of Coos Bay, Inc.'s reported 349 employees, and received an average PPP loan of $108,162, 96% lower than this company's loan of $2.54M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/k-e-mckays-market-of-coos-bay-inc-coos-bay-or