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PPP Loan Data — Ozarks Coca-Cola/Dr Pepper Bottling Company, Springfield, MO

SBA PPP loan data, payroll data, and salaries for Ozarks Coca-Cola/Dr Pepper Bottling Company
MO

Ozarks Coca-Cola/Dr Pepper Bottling Company

Entity: Subchapter S Corporation

Industry: Soft Drink Manufacturing

Location: Springfield, MO

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Ozarks Coca-Cola/Dr Pepper Bottling Company is a subchapter s corporation located at 1777 N Packer Road in Springfield, Missouri that received a Coronavirus-related PPP loan from the SBA of $8,257,534.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$8.26M

Jobs Retained:

500

Loan Approved:

2020-04-14

Lender:

U.S. BANK, NATIONAL ASSOCIATION

Ozarks Coca-Cola/Dr Pepper Bottling Company received a Paycheck Protection Loan of $8.26M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Ozarks Coca-Cola/Dr Pepper Bottling Company's total 2019 payroll expenses were approximately $39.64M 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 $79,272 per employee1.

Because the loan received by Ozarks Coca-Cola/Dr Pepper Bottling Company is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Ozarks Coca-Cola/Dr Pepper Bottling Company in Springfield, MO

Ozarks Coca-Cola/Dr Pepper Bottling Company
1777 N Packer Road
Springfield, MO 65803

Business Industry

Soft Drink Manufacturing (NAICS code 312111)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MO-07

Similar Companies near Springfield

In the Springfield area, 2 businesses in the "Soft Drink Manufacturing" industry received a PPP loan. These local businesses reported an average of 251 employees (compared to this company's 500) and received an average PPP loan of $4,130,616 (compared to this company's $8.26M).

Similar Nearby Businesses Who Received PPP Funding:

Ollis, LLC
Springfield, MO

$3,697 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 456 businesses in the "Soft Drink Manufacturing" industry received a total of $182,763,342.00 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 32 employees, 94% lower than Ozarks Coca-Cola/Dr Pepper Bottling Company's reported 500 employees, and received an average PPP loan of $400,797, 95% lower than this company's loan of $8.26M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/ozarks-coca-cola-dr-pepper-bottling-company-springfield-mo