PPP Loan Data — Rodney D Thompson, Holly, CO
Rodney D Thompson is a sole proprietorship located in Holly, Colorado that received a Coronavirus-related PPP loan from the SBA of $43,420.00 in July, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:TBK Bank, SSB
Rodney D Thompson in Holly, CO received a Paycheck Protection Loan of $43,420 through TBK Bank, SSB, which was approved in July, 2020.
The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 2. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
Reported PPP Proceed Usage:
On the PPP application, Rodney D Thompson reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $43,420
Business Information - Rodney D Thompson in Holly, CO
* Full address is redacted to protect the privacy of individuals.
NAICS code 111940
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Rural
Similar Companies near Holly
In the Holly area, 21 businesses in the "Hay Farming" industry received a PPP loan. These local businesses reported an average of 2 employees (compared to this company's 1) and received an average PPP loan of $22,152 (compared to this company's $43,420).
Similar Nearby Businesses Who Received PPP Funding:
Vazquez Hay LLC
Industry PPP Comparison Statistics
Nationwide, 6,977 businesses in the "Hay Farming" industry received a total of $143.44M in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 2 employees, 100% higher than Rodney D Thompson's reported 1 employees, and received an average PPP loan of $20,560, 53% lower than this company's loan of $43,420.
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Footnotes & Information
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