PPP Loan Data — MM Manufacturing, LLC, Lajas, PR
MM Manufacturing, LLC is a limited liability company (LLC) located at 65 Infanteria 109 Sur in Lajas, Puerto Rico that received a Coronavirus-related PPP loan from the SBA of $2,834,200.00 in April, 2020.
$ PPP Loan Information
Lender:BANCO POPULAR DE PUERTO RICO
MM Manufacturing, LLC received a Paycheck Protection Loan of $2.83M through BANCO POPULAR DE PUERTO RICO, which was approved in April, 2020.
Based on standard PPP eligibility rules, MM Manufacturing, LLC's total 2019 payroll expenses were approximately $13.6M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $27,208 per employee1.
Business Information - MM Manufacturing, LLC in Lajas, PR
65 Infanteria 109 Sur
Lajas, PR 667
Men’s and Boys’ Cut and Sew Apparel Manufacturing (NAICS code 315220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PR-
Industry PPP Comparison Statistics
Nationwide, 633 businesses in the "Men’s and Boys’ Cut and Sew Apparel Manufacturing" industry received a total of $90,985,899.00 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, 97% lower than MM Manufacturing, LLC's reported 500 employees, and received an average PPP loan of $143,738, 95% lower than this company's loan of $2.83M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!