PPP Loan Data — Motor Truck Equipment Company, Carlisle, PA
Motor Truck Equipment Company
Location: Carlisle, PATweet This • Search All PPP Data
Motor Truck Equipment Company is a corporation located at 198 Kost Rd in Carlisle, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,698,800.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Motor Truck Equipment Company in Carlisle, PA received a Paycheck Protection Loan of $3.7M through ORRSTOWN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Motor Truck Equipment Company's total 2019 payroll expenses were approximately $17.75M in order to qualify for the PPP loan amount received.
Unlike most businesses, Motor Truck Equipment 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 - Motor Truck Equipment Company in Carlisle, PA
198 Kost Rd
Carlisle, PA 17015
Automobile and Other Motor Vehicle Merchant Wholesalers (NAICS code 423110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-10
Similar Companies near Carlisle
In the Carlisle area, 2 businesses in the "Automobile and Other Motor Vehicle Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 146 employees (compared to this company's 0) and received an average PPP loan of $3,421,000 (compared to this company's $3.7M).
Similar Nearby Businesses Who Received PPP Funding:
Cumberland Truck Equipment Co
Industry PPP Comparison Statistics
Nationwide, 4,037 businesses in the "Automobile and Other Motor Vehicle Merchant Wholesalers" industry received a total of $746,857,572.00 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, and received an average PPP loan of $185,003, 95% lower than this company's loan of $3.7M.
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