PPP Loan Data — Pharmapacks, LLC, Islandia, NY
Pharmapacks, LLC is a limited liability company (LLC) located at 1516 Motor Parkway in Islandia, New York that received a Coronavirus-related PPP loan from the SBA of $4,572,542.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Pharmapacks, LLC received a Paycheck Protection Loan of $4.57M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pharmapacks, LLC's total 2019 payroll expenses were approximately $21.95M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $43,896 per employee1.
Business Information - Pharmapacks, LLC in Islandia, NY
1516 Motor Parkway
Islandia, NY 11749
Electronic Shopping and Mail-Order Houses (NAICS code 454110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-01
Industry PPP Comparison Statistics
Nationwide, 7,082 businesses in the "Electronic Shopping and Mail-Order Houses" industry received a total of $544,486,530.00 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 7 employees, 99% lower than Pharmapacks, LLC's reported 500 employees, and received an average PPP loan of $76,883, 98% lower than this company's loan of $4.57M.
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Footnotes & Information
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