PPP Loan Data — KWK Trucking, Inc., Huntington Beach, CA
KWK Trucking, Inc. is a corporation located at 16591 Graham St in Huntington Beach, California that received a Coronavirus-related PPP loan from the SBA of $2,740,779.00 in April, 2020.
$ PPP Loan Information
Lender:FARMERS & MERCHANTS BANK OF LONG BEACH
KWK Trucking, Inc. received a Paycheck Protection Loan of $2.74M through FARMERS & MERCHANTS BANK OF LONG BEACH, which was approved in April, 2020.
Based on standard PPP eligibility rules, KWK Trucking, Inc.'s total 2019 payroll expenses were approximately $13.16M in order to qualify for the PPP loan amount received.
Based on their reported 306 jobs retained, this equals an estimated average yearly compensation of $42,993 per employee1.
Business Information - KWK Trucking, Inc. in Huntington Beach, CA
16591 Graham St
Huntington Beach, CA 92649
Other Nonscheduled Air Transportation (NAICS code 481219)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-48
Industry PPP Comparison Statistics
Nationwide, 908 businesses in the "Other Nonscheduled Air Transportation" industry received a total of $120,614,504.00 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 9 employees, 97% lower than KWK Trucking, Inc.'s reported 306 employees, and received an average PPP loan of $132,835, 95% lower than this company's loan of $2.74M.
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Footnotes & Information
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