PPP Loan Data — Matson Fruit Company, Selah, WA
Matson Fruit Company is a corporation located at 201 N. Railroad Ave in Selah, Washington that received a Coronavirus-related PPP loan from the SBA of $3,500,000.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:KEYBANK NATIONAL ASSOCIATION
Matson Fruit Company in Selah, WA received a Paycheck Protection Loan of $3.5M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Matson Fruit Company's total 2019 payroll expenses were approximately $16.8M in order to qualify for the PPP loan amount received.
Unlike most businesses, Matson Fruit Company'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 - Matson Fruit Company in Selah, WA
201 N. Railroad Ave
Selah, WA 98942
Apple Orchards (NAICS code 111331)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-04
Similar Companies near Selah
In the Selah area, 12 businesses in the "Apple Orchards" industry received a PPP loan. These local businesses reported an average of 18 employees (compared to this company's 0) and received an average PPP loan of $452,066 (compared to this company's $3.5M).
Similar Nearby Businesses Who Received PPP Funding:
LL Lancaster Co.
LFZ Orchard Operations, Inc.
T&L Huck Orchards
Thome Orchards LLC
Upper Valley Farms, LLC
Eric & Sue Olsen LLC
Collins Family Orchards LLC
Industry PPP Comparison Statistics
Nationwide, 1,010 businesses in the "Apple Orchards" industry received a total of $108,163,279.00 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 19 employees, and received an average PPP loan of $107,092, 97% lower than this company's loan of $3.5M.
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Footnotes & Information
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