PPP Loan Data — Messick Farm Equipment Inc, Elizabethtown, PA
Messick Farm Equipment Inc is a corporation located at 187 Merts Dr in Elizabethtown, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,184,855.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Messick Farm Equipment Inc in Elizabethtown, PA received a Paycheck Protection Loan of $3.18M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Messick Farm Equipment Inc's total 2019 payroll expenses were approximately $15.29M in order to qualify for the PPP loan amount received.
Based on their reported 220 jobs retained, this equals an estimated average yearly compensation of $69,488 per employee1.
Business Information - Messick Farm Equipment Inc in Elizabethtown, PA
187 Merts Dr
Elizabethtown, PA 17022
Outdoor Power Equipment Stores (NAICS code 444210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-11
Industry PPP Comparison Statistics
Nationwide, 1,651 businesses in the "Outdoor Power Equipment Stores" industry received a total of $173,075,828.00 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 10 employees, 95% lower than Messick Farm Equipment Inc's reported 220 employees, and received an average PPP loan of $104,831, 97% lower than this company's loan of $3.18M.
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Footnotes & Information
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