PPP Loan Data — Port Imperial Ferry Corp., Weehawken, NJ
Port Imperial Ferry Corp. is a corporation located at 18 Ramsgate Road in Weehawken, New Jersey that received a Coronavirus-related PPP loan from the SBA of $5,277,158.00 in April, 2020.
$ PPP Loan Information
Port Imperial Ferry Corp. received a Paycheck Protection Loan of $5.28M through INVESTORS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Port Imperial Ferry Corp.'s total 2019 payroll expenses were approximately $25.33M in order to qualify for the PPP loan amount received.
Based on their reported 354 jobs retained, this equals an estimated average yearly compensation of $71,555 per employee1.
Business Information - Port Imperial Ferry Corp. in Weehawken, NJ
18 Ramsgate Road
Weehawken, NJ 7086
Inland Water Passenger Transportation (NAICS code 483212)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-08
Industry PPP Comparison Statistics
Nationwide, 165 businesses in the "Inland Water Passenger Transportation" industry received a total of $41,475,603.00 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 21 employees, 94% lower than Port Imperial Ferry Corp.'s reported 354 employees, and received an average PPP loan of $251,367, 95% lower than this company's loan of $5.28M.
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Footnotes & Information
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