PPP Loan Data — PGM Packing, Inc., Yuma, AZ
PGM Packing, Inc.
Location: Yuma, AZTweet This • Search All PPP Data
PGM Packing, Inc. is a corporation located at 1450 S Atlantic Ave in Yuma, Arizona that received a Coronavirus-related PPP loan from the SBA of $4,888,087.00 in May, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
PGM Packing, Inc. in Yuma, AZ received a Paycheck Protection Loan of $4.89M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, PGM Packing, Inc.'s total 2019 payroll expenses were approximately $23.46M in order to qualify for the PPP loan amount received.
Unlike most businesses, PGM Packing, 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 - PGM Packing, Inc. in Yuma, AZ
1450 S Atlantic Ave
Yuma, AZ 85365
Other Miscellaneous Nondurable Goods Merchant Wholesalers (NAICS code 424990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AZ-04
Similar Companies near Yuma
In the Yuma area, 4 businesses in the "Other Miscellaneous Nondurable Goods Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 0) and received an average PPP loan of $1,252,772 (compared to this company's $4.89M).
Similar Nearby Businesses Who Received PPP Funding:
EEZ RV Products, LLC
Sunrise Unlimited LLC
Rio Colorado Export, LLC
Industry PPP Comparison Statistics
Nationwide, 8,398 businesses in the "Other Miscellaneous Nondurable Goods Merchant Wholesalers" industry received a total of $907,670,921.00 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 10 employees, and received an average PPP loan of $108,082, 98% lower than this company's loan of $4.89M.
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Footnotes & Information
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