PPP Loan Data — Quiet Logistics, Inc., Devens, MA
Quiet Logistics, Inc. is a corporation located at 64 Jackson Rd in Devens, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $6,925,600.00 in April, 2020.
$ PPP Loan Information
Lender:CIBC BANK USA
Quiet Logistics, Inc. in Devens, MA received a Paycheck Protection Loan of $6.93M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Quiet Logistics, Inc.'s total 2019 payroll expenses were approximately $33.24M 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 $66,486 per employee1.
Business Information - Quiet Logistics, Inc. in Devens, MA
64 Jackson Rd
Devens, MA 01434
Couriers and Express Delivery Services (NAICS code 492110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-03
Industry PPP Comparison Statistics
Nationwide, 5,089 businesses in the "Couriers and Express Delivery Services" industry received a total of $466,737,431.00 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 11 employees, 98% lower than Quiet Logistics, Inc.'s reported 500 employees, and received an average PPP loan of $91,715, 99% lower than this company's loan of $6.93M.
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Footnotes & Information
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