PPP Loan Data — Packaging Specialties, Inc., Fayetteville, AR
Packaging Specialties, Inc.
Location: Fayetteville, ARTweet This • Search All PPP Data
Packaging Specialties, Inc. is a corporation located at 1663 G Armstrong Ave in Fayetteville, Arkansas that received a Coronavirus-related PPP loan from the SBA of $4,381,722.00 in April, 2020.
$ PPP Loan Information
Lender:SIGNATURE BANK OF ARKANSAS
Packaging Specialties, Inc. in Fayetteville, AR received a Paycheck Protection Loan of $4.38M through SIGNATURE BANK OF ARKANSAS, which was approved in April, 2020.
Based on standard PPP eligibility rules, Packaging Specialties, Inc.'s total 2019 payroll expenses were approximately $21.03M in order to qualify for the PPP loan amount received.
Based on their reported 352 jobs retained, this equals an estimated average yearly compensation of $59,751 per employee1.
Business Information - Packaging Specialties, Inc. in Fayetteville, AR
1663 G Armstrong Ave
Fayetteville, AR 72701
Plastics Packaging Film and Sheet (including Laminated) Manufacturing (NAICS code 326112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AR-03
Industry PPP Comparison Statistics
Nationwide, 329 businesses in the "Plastics Packaging Film and Sheet (including Laminated) Manufacturing" industry received a total of $134,787,201.00 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 33 employees, 91% lower than Packaging Specialties, Inc.'s reported 352 employees, and received an average PPP loan of $409,688, 91% lower than this company's loan of $4.38M.
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Footnotes & Information
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