PPP Loan Data — Richards Manufacturing Co A New Jersey Limited Partnership, Irvington, NJ
Richards Manufacturing Co A New Jersey Limited Partnership is a partnership located at 517 Lyons Ave in Irvington, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,576,000.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:PNC BANK, NATIONAL ASSOCIATION
Richards Manufacturing Co A New Jersey Limited Partnership received a Paycheck Protection Loan of $2.58M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Richards Manufacturing Co A New Jersey Limited Partnership's total 2019 payroll expenses were approximately $12.36M in order to qualify for the PPP loan amount received.
Unlike most businesses, Richards Manufacturing Co A New Jersey Limited Partnership's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Richards Manufacturing Co A New Jersey Limited Partnership in Irvington, NJ
517 Lyons Ave
Irvington, NJ 7111
Electronic Connector Manufacturing (NAICS code 334417)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-10
Industry PPP Comparison Statistics
Nationwide, 189 businesses in the "Electronic Connector Manufacturing" industry received a total of $79,932,618.00 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 28 employees, and received an average PPP loan of $422,924, 84% lower than this company's loan of $2.58M.
FederalPay's PPP Information Policy
Footnotes & Information
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