PPP Loan Data — Mayer Bros Apple Products, Inc.,
West Seneca, NY
Mayer Bros Apple Products, Inc.
Entity: Subchapter S Corporation
Industry: Bottled Water Manufacturing
Location: West Seneca, NY

Mayer Bros Apple Products, Inc. is a subchapter s corporation located at 3300 Transit Road in West Seneca, New York that received a Coronavirus-related PPP loan from the SBA of $3,245,062.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
280Loan Approved:
2020-04-15Lender:
MANUFACTURERS AND TRADERS TRUST COMPANYMayer Bros Apple Products, Inc. in West Seneca, NY received a Paycheck Protection Loan of $3.25M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mayer Bros Apple Products, Inc.'s total 2019 payroll expenses were approximately $15.58M in order to qualify for the PPP loan amount received.
Based on their reported 280 jobs retained, this equals an estimated average yearly compensation of $55,630 per employee1.
Business Information - Mayer Bros Apple Products, Inc. in West Seneca, NY
3300 Transit Road
West Seneca, NY 14224
Business Industry
Bottled Water Manufacturing (NAICS code 312112)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-26Industry PPP Comparison Statistics
Nationwide, 504 businesses in the "Bottled Water Manufacturing" industry received a total of $83,091,334.00 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, 95% lower than Mayer Bros Apple Products, Inc.'s reported 280 employees, and received an average PPP loan of $164,864, 95% lower than this company's loan of $3.25M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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