PPP Loan Data — Penn Warehousing And Distribution Inc., Philadelphia, PA
Penn Warehousing And Distribution Inc. is a subchapter s corporation located at 2147 S Columbus Blvd in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,544,100.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
Penn Warehousing And Distribution Inc. in Philadelphia, PA received a Paycheck Protection Loan of $3.54M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Penn Warehousing And Distribution Inc.'s total 2019 payroll expenses were approximately $17.01M in order to qualify for the PPP loan amount received.
Unlike most businesses, Penn Warehousing And Distribution 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 - Penn Warehousing And Distribution Inc. in Philadelphia, PA
2147 S Columbus Blvd
Philadelphia, PA 19148
General Warehousing and Storage (NAICS code 493110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-05
Industry PPP Comparison Statistics
Nationwide, 3,025 businesses in the "General Warehousing and Storage" industry received a total of $593,729,644.00 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 19 employees, and received an average PPP loan of $196,274, 94% lower than this company's loan of $3.54M.
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Footnotes & Information
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