PPP Loan Data — Pacific States Industries Incorporated, Morgan Hill, CA
Pacific States Industries Incorporated is a subchapter s corporation located at 18625 Sutter Blvd in Morgan Hill, California that received a Coronavirus-related PPP loan from the SBA of $3,529,000.00 in April, 2020.
$ PPP Loan Information
Pacific States Industries Incorporated in Morgan Hill, CA received a Paycheck Protection Loan of $3.53M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pacific States Industries Incorporated's total 2019 payroll expenses were approximately $16.94M in order to qualify for the PPP loan amount received.
Based on their reported 238 jobs retained, this equals an estimated average yearly compensation of $71,173 per employee1.
Business Information - Pacific States Industries Incorporated in Morgan Hill, CA
18625 Sutter Blvd
Morgan Hill, CA 95037
Sawmills (NAICS code 321113)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-19
Industry PPP Comparison Statistics
Nationwide, 1,288 businesses in the "Sawmills" industry received a total of $298,695,388.00 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 21 employees, 91% lower than Pacific States Industries Incorporated's reported 238 employees, and received an average PPP loan of $231,906, 93% lower than this company's loan of $3.53M.
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Footnotes & Information
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