PPP Loan Data — Red Hook Container Terminal, LLC, Brooklyn, NY
Red Hook Container Terminal, LLC is a limited liability company (LLC) located at 70 Hamilton Avenue in Brooklyn, New York that received a Coronavirus-related PPP loan from the SBA of $3,427,935.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Red Hook Container Terminal, LLC received a Paycheck Protection Loan of $3.43M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Red Hook Container Terminal, LLC's total 2019 payroll expenses were approximately $16.45M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $65,816 per employee1.
Business Information - Red Hook Container Terminal, LLC in Brooklyn, NY
70 Hamilton Avenue
Brooklyn, NY 11231
Marine Cargo Handling (NAICS code 488320)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-07
Industry PPP Comparison Statistics
Nationwide, 259 businesses in the "Marine Cargo Handling" industry received a total of $85,973,778.00 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 27 employees, 89% lower than Red Hook Container Terminal, LLC's reported 250 employees, and received an average PPP loan of $331,945, 90% lower than this company's loan of $3.43M.
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Footnotes & Information
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