PPP Loan Data — Paca, Inc, Eden Prairie, MN
Paca, Inc is a corporation located at 10000 Valley View Rd in Eden Prairie, Minnesota that received a Coronavirus-related PPP loan from the SBA of $3,849,932.00 in April, 2020.
The company has reported itself as a White male owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:ASSOCIATED BANK, NATIONAL ASSOCIATION
Paca, Inc in Eden Prairie, MN received a Paycheck Protection Loan of $3.85M through ASSOCIATED BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Paca, Inc's total 2019 payroll expenses were approximately $18.48M in order to qualify for the PPP loan amount received.
Unlike most businesses, Paca, Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Paca, Inc in Eden Prairie, MN
10000 Valley View Rd
Eden Prairie, MN 55344
Toilet Preparation Manufacturing (NAICS code 325620)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: MN-03
Industry PPP Comparison Statistics
Nationwide, 771 businesses in the "Toilet Preparation Manufacturing" industry received a total of $246,227,574.00 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 25 employees, and received an average PPP loan of $319,361, 92% lower than this company's loan of $3.85M.
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Footnotes & Information
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