PPP Loan Data — North Atlantic Industries, Inc., Bohemia, NY
North Atlantic Industries, Inc.
Location: Bohemia, NYTweet This • Search All PPP Data
North Atlantic Industries, Inc. is a corporation located at 110 Wilbur Pl in Bohemia, New York that received a Coronavirus-related PPP loan from the SBA of $3,872,517.00 in April, 2020.
$ PPP Loan Information
Lender:THE FIRST NATIONAL BANK OF LONG ISLAND
North Atlantic Industries, Inc. in Bohemia, NY received a Paycheck Protection Loan of $3.87M through THE FIRST NATIONAL BANK OF LONG ISLAND, which was approved in April, 2020.
Based on standard PPP eligibility rules, North Atlantic Industries, Inc.'s total 2019 payroll expenses were approximately $18.59M in order to qualify for the PPP loan amount received.
Based on their reported 214 jobs retained, this equals an estimated average yearly compensation of $86,860 per employee1.
Business Information - North Atlantic Industries, Inc. in Bohemia, NY
110 Wilbur Pl
Bohemia, NY 11716
Printed Circuit Assembly (Electronic Assembly) Manufacturing (NAICS code 334418)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-02
Industry PPP Comparison Statistics
Nationwide, 480 businesses in the "Printed Circuit Assembly (Electronic Assembly) Manufacturing" industry received a total of $202,524,322.00 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 33 employees, 85% lower than North Atlantic Industries, Inc.'s reported 214 employees, and received an average PPP loan of $421,926, 89% lower than this company's loan of $3.87M.
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