PPP Loan Data — Markstein Sales Company, Antioch, CA
Markstein Sales Company is a subchapter s corporation located at 1645 Drive In Way in Antioch, California that received a Coronavirus-related PPP loan from the SBA of $2,436,595.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Markstein Sales Company in Antioch, CA received a Paycheck Protection Loan of $2.44M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Markstein Sales Company's total 2019 payroll expenses were approximately $11.7M in order to qualify for the PPP loan amount received.
Based on their reported 172 jobs retained, this equals an estimated average yearly compensation of $67,998 per employee1.
Business Information - Markstein Sales Company in Antioch, CA
1645 Drive In Way
Antioch, CA 94509
Beer and Ale Merchant Wholesalers (NAICS code 424810)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-09
Industry PPP Comparison Statistics
Nationwide, 1,103 businesses in the "Beer and Ale Merchant Wholesalers" industry received a total of $586,037,858.00 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 43 employees, 75% lower than Markstein Sales Company's reported 172 employees, and received an average PPP loan of $531,313, 78% lower than this company's loan of $2.44M.
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Footnotes & Information
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