PPP Loan Data — Koffee Kup Donut Shop, Inc., Colchester, VT
Koffee Kup Donut Shop, Inc. is a corporation located at 59 Rathe Rd. Suite 100 in Colchester, Vermont that received a Coronavirus-related PPP loan from the SBA of $2,503,451.00 in April, 2020.
The company has reported itself as a White owned business, and employed at least 284 people during the applicable loan loan period.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Koffee Kup Donut Shop, Inc. in Colchester, VT received a Paycheck Protection Loan of $2.5M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Koffee Kup Donut Shop, Inc.'s total 2019 payroll expenses were approximately $12.02M in order to qualify for the PPP loan amount received.
Based on their reported 284 jobs retained, this equals an estimated average yearly compensation of $42,312 per employee1.
Business Information - Koffee Kup Donut Shop, Inc. in Colchester, VT
59 Rathe Rd. Suite 100
Colchester, VT 5446
Commercial Bakeries (NAICS code 311812)
Business Owner Demographics
Race / Ethnicity: WHITE
Veteran Status: UnreportedCongressional District: VT-
Industry PPP Comparison Statistics
Nationwide, 2,425 businesses in the "Commercial Bakeries" industry received a total of $481,514,310.00 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 22 employees, 92% lower than Koffee Kup Donut Shop, Inc.'s reported 284 employees, and received an average PPP loan of $198,563, 92% lower than this company's loan of $2.5M.
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Footnotes & Information
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