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PPP Loan Data — Pacific Fibre Products, Inc. And Subsidi,
Longview, WA
Pacific Fibre Products, Inc. And Subsidi
Entity: Subchapter S Corporation
Industry: Logging
Location: Longview, WA
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Pacific Fibre Products, Inc. And Subsidi is a subchapter s corporation located at 20 Fibre Way in Longview, Washington that received a Coronavirus-related PPP loan from the SBA of $3,192,122.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
206Loan Approved:
2020-04-15Lender:
COLUMBIA STATE BANKPacific Fibre Products, Inc. And Subsidi in Longview, WA received a Paycheck Protection Loan of $3.19M through COLUMBIA STATE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pacific Fibre Products, Inc. And Subsidi's total 2019 payroll expenses were approximately $15.32M in order to qualify for the PPP loan amount received.
Based on their reported 206 jobs retained, this equals an estimated average yearly compensation of $74,380 per employee1.
Business Information - Pacific Fibre Products, Inc. And Subsidi in Longview, WA
20 Fibre Way
Longview, WA 98632
Business Industry
Logging (NAICS code 113310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: WA-03Similar Companies near Longview
In the Longview area, 2 businesses in the "Logging" industry received a PPP loan. These local businesses reported an average of 105 employees (compared to this company's 206) and received an average PPP loan of $1,606,482 (compared to this company's $3.19M).
Similar Nearby Businesses Who Received PPP Funding:
Mark III Logging, Inc
Longview, WA
Industry PPP Comparison Statistics
Nationwide, 5,520 businesses in the "Logging" industry received a total of $397,584,679.00 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 7 employees, 97% lower than Pacific Fibre Products, Inc. And Subsidi's reported 206 employees, and received an average PPP loan of $72,026, 98% lower than this company's loan of $3.19M.
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, and is published unmodified, as provided by the SBA.
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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