PPP Loan Data — River Valley Holdings, Inc., Syracuse, NY
River Valley Holdings, Inc. is a subchapter s corporation located at 5881 Court Street Road in Syracuse, New York that received a Coronavirus-related PPP loan from the SBA of $4,204,939.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
River Valley Holdings, Inc. in Syracuse, NY received a Paycheck Protection Loan of $4.2M through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, River Valley Holdings, Inc.'s total 2019 payroll expenses were approximately $20.18M in order to qualify for the PPP loan amount received.
Based on their reported 378 jobs retained, this equals an estimated average yearly compensation of $53,396 per employee1.
Business Information - River Valley Holdings, Inc. in Syracuse, NY
5881 Court Street Road
Syracuse, NY 13206
General Line Grocery Merchant Wholesalers (NAICS code 424410)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-24
Industry PPP Comparison Statistics
Nationwide, 4,442 businesses in the "General Line Grocery Merchant Wholesalers" industry received a total of $596,799,136.00 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 14 employees, 96% lower than River Valley Holdings, Inc.'s reported 378 employees, and received an average PPP loan of $134,354, 97% lower than this company's loan of $4.2M.
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Footnotes & Information
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