FederalPay.org
PPP Loan Data — Pappas Family Farms, Inc.,
Fresno, CA
Pappas Family Farms, Inc.
Entity: Corporation
Industry: Other Vegetable (except Potato) and Melon Farming
Location: Fresno, CA
Tweet This
•
Search All PPP Data
Pappas Family Farms, Inc. is a corporation located at 695 W Cromwell Suite 105 in Fresno, California that received a Coronavirus-related PPP loan from the SBA of $2,650,318.00 in April, 2020.
The company has reported itself as a male owned business.
$ PPP Loan Information
Loan Size:
Jobs Retained:
0 UnreportedLoan Approved:
2020-04-15Lender:
FRESNO MADERA FARM CREDIT, ACAPappas Family Farms, Inc. received a Paycheck Protection Loan of $2.65M through FRESNO MADERA FARM CREDIT, ACA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pappas Family Farms, Inc.'s total 2019 payroll expenses were approximately $12.72M in order to qualify for the PPP loan amount received.
Unlike most businesses, Pappas Family Farms, 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 - Pappas Family Farms, Inc. in Fresno, CA
695 W Cromwell Suite 105
Fresno, CA 93711
Business Industry
Other Vegetable (except Potato) and Melon Farming (NAICS code 111219)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: Unreported
Congressional District: CA-22Similar Companies near Fresno
In the Fresno area, 2 businesses in the "Other Vegetable (except Potato) and Melon Farming" industry received a PPP loan. These local businesses reported an average of 0 employees (compared to this company's 0) and received an average PPP loan of $1,527,253 (compared to this company's $2.65M).
Similar Nearby Businesses Who Received PPP Funding:
Devin Organics LLC
Fresno, CA
Industry PPP Comparison Statistics
Nationwide, 2,280 businesses in the "Other Vegetable (except Potato) and Melon Farming" industry received a total of $313,843,829.00 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 18 employees, and received an average PPP loan of $137,651, 95% lower than this company's loan of $2.65M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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.
Have FederalPay.org's open data tools been valuable? Consider donating!