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PPP Loan Data — Roberts Company, Inc.,
Hattiesburg, MS
Roberts Company, Inc.
Entity: Corporation
Industry: Supermarkets and Other Grocery (except Convenience) Stores
Location: Hattiesburg, MS
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Roberts Company, Inc. is a corporation located at 1612 Adeline St in Hattiesburg, Mississippi that received a Coronavirus-related PPP loan from the SBA of $3,899,821.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-04-27Lender:
THE FIRST, A NATIONAL BANKING ASSOCIATIONRoberts Company, Inc. received a Paycheck Protection Loan of $3.9M through THE FIRST, A NATIONAL BANKING ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Roberts Company, Inc.'s total 2019 payroll expenses were approximately $18.72M 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 $37,438 per employee1.
Business Information - Roberts Company, Inc. in Hattiesburg, MS
1612 Adeline St
Hattiesburg, MS 39401
Business Industry
Supermarkets and Other Grocery (except Convenience) Stores (NAICS code 445110)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: MS-04Similar Companies near Hattiesburg
In the Hattiesburg area, 8 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a PPP loan. These local businesses reported an average of 76 employees (compared to this company's 500) and received an average PPP loan of $547,084 (compared to this company's $3.9M).
Similar Nearby Businesses Who Received PPP Funding:
Alfredo Sandoval DBA Los Compadres Grocery & Deli
Hattiesburg, MS
B&K Trade Corp
Hattiesburg, MS
Compadres Meat Market, LLC
Hattiesburg, MS
JRB, Inc.
Hattiesburg, MS
Morgan & Rawls Enterprises, Inc
Hattiesburg, MS
Patterson Enterprises Inc
Hattiesburg, MS
H & H Seafood, Inc.
Hattiesburg, MS
Industry PPP Comparison Statistics
Nationwide, 18,654 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a total of $2,017,651,016.00 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 19 employees, 96% lower than Roberts Company, Inc.'s reported 500 employees, and received an average PPP loan of $108,162, 97% lower than this company's loan of $3.9M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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