PPP Loan Data — Pepper Source, LTD, Van Buren, AR
Pepper Source, LTD
Entity: Subchapter S Corporation
Location: Van Buren, ARTweet This • Search All PPP Data
Pepper Source, LTD is a subchapter s corporation located at 5800 Alma Hwy in Van Buren, Arkansas that received a Coronavirus-related PPP loan from the SBA of $2,609,100.00 in April, 2020.
$ PPP Loan Information
Lender:HANCOCK WHITNEY BANK
Pepper Source, LTD received a Paycheck Protection Loan of $2.61M through HANCOCK WHITNEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pepper Source, LTD's total 2019 payroll expenses were approximately $12.52M in order to qualify for the PPP loan amount received.
Based on their reported 332 jobs retained, this equals an estimated average yearly compensation of $37,722 per employee1.
Business Information - Pepper Source, LTD in Van Buren, AR
5800 Alma Hwy
Van Buren, AR 72956
Mayonnaise, Dressing, and Other Prepared Sauce Manufacturing (NAICS code 311941)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AR-03
Industry PPP Comparison Statistics
Nationwide, 194 businesses in the "Mayonnaise, Dressing, and Other Prepared Sauce Manufacturing" industry received a total of $28,659,566.00 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 14 employees, 96% lower than Pepper Source, LTD's reported 332 employees, and received an average PPP loan of $147,730, 94% lower than this company's loan of $2.61M.
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Footnotes & Information
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