PPP Loan Data — Powell's Books Inc, Portland, OR
Powell's Books Inc is a corporation located at 7 Nw 9th Ave in Portland, Oregon that received a Coronavirus-related PPP loan from the SBA of $4,113,995.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Powell's Books Inc in Portland, OR received a Paycheck Protection Loan of $4.11M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Powell's Books Inc's total 2019 payroll expenses were approximately $19.75M in order to qualify for the PPP loan amount received.
Based on their reported 471 jobs retained, this equals an estimated average yearly compensation of $41,926 per employee1.
Business Information - Powell's Books Inc in Portland, OR
7 Nw 9th Ave
Portland, OR 97209
Book Stores (NAICS code 451211)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-01
Industry PPP Comparison Statistics
Nationwide, 2,218 businesses in the "Book Stores" industry received a total of $126,763,084.00 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 8 employees, 98% lower than Powell's Books Inc's reported 471 employees, and received an average PPP loan of $57,152, 99% lower than this company's loan of $4.11M.
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Footnotes & Information
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