PPP Loan Data — Norcal Harvesting, LLC, Salinas, CA
Norcal Harvesting, LLC is a limited liability company (LLC) located at 27 Quail Run Cir in Salinas, California that received a Coronavirus-related PPP loan from the SBA of $7,500,000.00 in May, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Norcal Harvesting, LLC received a Paycheck Protection Loan of $7.5M through MECHANICS BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, Norcal Harvesting, LLC's total 2019 payroll expenses were approximately $36M 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 $72,000 per employee1.
Business Information - Norcal Harvesting, LLC in Salinas, CA
27 Quail Run Cir
Salinas, CA 93907
Farm Labor Contractors and Crew Leaders (NAICS code 115115)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-20
Similar Companies near Salinas
In the Salinas area, 7 businesses in the "Farm Labor Contractors and Crew Leaders" industry received a PPP loan. These local businesses reported an average of 306 employees (compared to this company's 500) and received an average PPP loan of $3,342,526 (compared to this company's $7.5M).
Similar Nearby Businesses Who Received PPP Funding:
Premium Packing, Inc.
Carmel Valley Packing Inc
Valley Pride, Inc.
Dynapac Harvesting, Inc.
Four Seasons Produce Packing Company Inc.
Industry PPP Comparison Statistics
Nationwide, 1,427 businesses in the "Farm Labor Contractors and Crew Leaders" industry received a total of $303,879,959.00 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 41 employees, 92% lower than Norcal Harvesting, LLC's reported 500 employees, and received an average PPP loan of $212,950, 97% lower than this company's loan of $7.5M.
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Footnotes & Information
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