PPP Loan Data — Moonlight Packing Company LLC, Reedley, CA
Moonlight Packing Company LLC is a limited liability company (LLC) located at 17719 East Huntsman Avenue in Reedley, California that received a Coronavirus-related PPP loan from the SBA of $3,813,077.00 in June, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Moonlight Packing Company LLC received a Paycheck Protection Loan of $3.81M through FUNDBOX, INC., which was approved in June, 2020.
Based on standard PPP eligibility rules, Moonlight Packing Company LLC's total 2019 payroll expenses were approximately $18.3M in order to qualify for the PPP loan amount received.
Unlike most businesses, Moonlight Packing Company LLC'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 - Moonlight Packing Company LLC in Reedley, CA
17719 East Huntsman Avenue
Reedley, CA 93654
Other Noncitrus Fruit Farming (NAICS code 111339)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-22
Similar Companies near Reedley
In the Reedley area, 9 businesses in the "Other Noncitrus Fruit Farming" industry received a PPP loan. These local businesses reported an average of 129 employees (compared to this company's 0) and received an average PPP loan of $1,147,883 (compared to this company's $3.81M).
Similar Nearby Businesses Who Received PPP Funding:
Peters Fruit Farms, Inc.
R & D Farms LLC
KMJ AG, Inc
Family Tree Farms Inc
Rio Vista Fruit Farms
E & D Farms, Inc.
Troy Jackson Farms
Huerta Family Farms Inc.
Industry PPP Comparison Statistics
Nationwide, 931 businesses in the "Other Noncitrus Fruit Farming" industry received a total of $114,935,001.00 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 23 employees, and received an average PPP loan of $123,453, 97% lower than this company's loan of $3.81M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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