PPP Loan Data — North East Parts Group LLC, Blairstown, NJ
North East Parts Group LLC is a limited liability company (LLC) located at 120 Route 94 in Blairstown, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,819,832.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
North East Parts Group LLC in Blairstown, NJ received a Paycheck Protection Loan of $2.82M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, North East Parts Group LLC's total 2019 payroll expenses were approximately $13.54M in order to qualify for the PPP loan amount received.
Based on their reported 464 jobs retained, this equals an estimated average yearly compensation of $29,171 per employee1.
Business Information - North East Parts Group LLC in Blairstown, NJ
120 Route 94
Blairstown, NJ 07825
Automotive Parts and Accessories Stores (NAICS code 441310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-05
Industry PPP Comparison Statistics
Nationwide, 11,618 businesses in the "Automotive Parts and Accessories Stores" industry received a total of $952,726,641.00 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 9 employees, 98% lower than North East Parts Group LLC's reported 464 employees, and received an average PPP loan of $82,004, 97% lower than this company's loan of $2.82M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!