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PPP Loan Data — Norcal Harvesting, LLC,
Salinas, CA
Norcal Harvesting, LLC
Entity: Limited Liability Company (LLC)
Industry: Farm Labor Contractors and Crew Leaders
Location: Salinas, CA
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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
Loan Size:
Jobs Retained:
500Loan Approved:
2020-05-22Lender:
MECHANICS BANKNorcal 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
Business Industry
Farm Labor Contractors and Crew Leaders (NAICS code 115115)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-20Similar 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.
Salinas, CA
Carmel Valley Packing Inc
Salinas, CA
NOR-West, Inc.
Salinas, CA
Valley Pride, Inc.
Salinas, CA
Dynapac Harvesting, Inc.
Salinas, CA
Four Seasons Produce Packing Company Inc.
Salinas, CA
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.
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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