PPP Loan Data — LPM Holding Company, Inc, Bolton, MA
LPM Holding Company, Inc is a subchapter s corporation located at 580 Main St in Bolton, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $3,000,000.00 in April, 2020.
The company has reported itself as a male owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:ROCKLAND TRUST COMPANY
LPM Holding Company, Inc in Bolton, MA received a Paycheck Protection Loan of $3M through ROCKLAND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, LPM Holding Company, Inc's total 2019 payroll expenses were approximately $14.4M in order to qualify for the PPP loan amount received.
Unlike most businesses, LPM Holding Company, Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - LPM Holding Company, Inc in Bolton, MA
580 Main St
Bolton, MA 1740
Food Service Contractors (NAICS code 722310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MA-03
Similar Companies near Bolton
In the Bolton area, 2 businesses in the "Food Service Contractors" industry received a PPP loan. These local businesses reported an average of 31 employees (compared to this company's 0) and received an average PPP loan of $1,746,372 (compared to this company's $3M).
Similar Nearby Businesses Who Received PPP Funding:
Seasonal Food Brands LLC
Industry PPP Comparison Statistics
Nationwide, 8,947 businesses in the "Food Service Contractors" industry received a total of $969,115,041.00 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 15 employees, and received an average PPP loan of $108,317, 96% lower than this company's loan of $3M.
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Footnotes & Information
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