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PPP Loan Data — Kenworth Northeast Group, Inc., Lackawanna, NY

SBA PPP loan data, payroll data, and salaries for Kenworth Northeast Group, Inc.

Kenworth Northeast Group, Inc.

Entity: Subchapter S Corporation

Industry: Motorcycle, ATV, and All Other Motor Vehicle Dealers

Location: Lackawanna, NY

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Kenworth Northeast Group, Inc. is a subchapter s corporation located at 100 Commerce Drive in Lackawanna, New York that received a Coronavirus-related PPP loan from the SBA of $3,406,400.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Kenworth Northeast Group, Inc. in Lackawanna, NY received a Paycheck Protection Loan of $3.41M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.

Based on standard PPP eligibility rules, Kenworth Northeast Group, Inc.'s total 2019 payroll expenses were approximately $16.35M in order to qualify for the PPP loan amount received.

Based on their reported 280 jobs retained, this equals an estimated average yearly compensation of $58,395 per employee1.

Because the loan received by Kenworth Northeast Group, 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 - Kenworth Northeast Group, Inc. in Lackawanna, NY

Kenworth Northeast Group, Inc.
100 Commerce Drive
Lackawanna, NY 14218

Business Industry

Motorcycle, ATV, and All Other Motor Vehicle Dealers (NAICS code 441228)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: NY-26

Similar Companies near Lackawanna

In the Lackawanna area, 2 businesses in the "Motorcycle, ATV, and All Other Motor Vehicle Dealers" industry received a PPP loan. These local businesses reported an average of 142 employees (compared to this company's 280) and received an average PPP loan of $1,708,688 (compared to this company's $3.41M).

Similar Nearby Businesses Who Received PPP Funding:

Golf Car City LLC
Blasdell, NY

$10,975 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 5,280 businesses in the "Motorcycle, ATV, and All Other Motor Vehicle Dealers" industry received a total of $853,860,010.00 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 14 employees, 95% lower than Kenworth Northeast Group, Inc.'s reported 280 employees, and received an average PPP loan of $161,716, 95% lower than this company's loan of $3.41M.

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.

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