PPP Loan Data — Pine Manor Inc, Orland, IN
Pine Manor Inc is a subchapter s corporation located at 9622 W 350 N in Orland, Indiana that received a Coronavirus-related PPP loan from the SBA of $4,411,600.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Lender:LAKE CITY BANK
Pine Manor Inc received a Paycheck Protection Loan of $4.41M through LAKE CITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pine Manor Inc's total 2019 payroll expenses were approximately $21.18M 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 $42,351 per employee1.
Business Information - Pine Manor Inc in Orland, IN
9622 W 350 N
Orland, IN 46776
Poultry Processing (NAICS code 311615)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: IN-03
Industry PPP Comparison Statistics
Nationwide, 213 businesses in the "Poultry Processing" industry received a total of $148,516,793.00 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 68 employees, 86% lower than Pine Manor Inc's reported 500 employees, and received an average PPP loan of $697,262, 84% lower than this company's loan of $4.41M.
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Footnotes & Information
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