PPP Loan Data — P. Vallone/Rolling V Bus Corp., South Fallsburg, NY
P. Vallone/Rolling V Bus Corp. is a subchapter s corporation located at P.o. Box 110 in South Fallsburg, New York that received a Coronavirus-related PPP loan from the SBA of $3,114,897.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 415 people during the applicable loan loan period.
$ PPP Loan Information
P. Vallone/Rolling V Bus Corp. received a Paycheck Protection Loan of $3.11M through WAYNE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, P. Vallone/Rolling V Bus Corp.'s total 2019 payroll expenses were approximately $14.95M in order to qualify for the PPP loan amount received.
Based on their reported 415 jobs retained, this equals an estimated average yearly compensation of $36,028 per employee1.
Business Information - P. Vallone/Rolling V Bus Corp. in South Fallsburg, NY
P.o. Box 110
South Fallsburg, NY 12779
School and Employee Bus Transportation (NAICS code 485410)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: NY-19
Industry PPP Comparison Statistics
Nationwide, 1,324 businesses in the "School and Employee Bus Transportation" industry received a total of $291,070,688.00 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 35 employees, 92% lower than P. Vallone/Rolling V Bus Corp.'s reported 415 employees, and received an average PPP loan of $219,842, 93% lower than this company's loan of $3.11M.
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Footnotes & Information
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