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PPP Loan Data — Roy Farms, Inc.,
Moxee, WA
Roy Farms, Inc.
Entity: Subchapter S Corporation
Industry: All Other Miscellaneous Crop Farming
Location: Moxee, WA
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Roy Farms, Inc. is a subchapter s corporation located at 401 Walters Rd in Moxee, Washington that received a Coronavirus-related PPP loan from the SBA of $3,136,526.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
323Loan Approved:
2020-04-28Lender:
BANK OF EASTERN OREGONRoy Farms, Inc. received a Paycheck Protection Loan of $3.14M through BANK OF EASTERN OREGON, which was approved in April, 2020.
Based on standard PPP eligibility rules, Roy Farms, Inc.'s total 2019 payroll expenses were approximately $15.06M in order to qualify for the PPP loan amount received.
Based on their reported 323 jobs retained, this equals an estimated average yearly compensation of $46,611 per employee1.
Business Information - Roy Farms, Inc. in Moxee, WA
401 Walters Rd
Moxee, WA 98936
Business Industry
All Other Miscellaneous Crop Farming (NAICS code 111998)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: WA-04Similar Companies near Moxee
In the Moxee area, 7 businesses in the "All Other Miscellaneous Crop Farming" industry received a PPP loan. These local businesses reported an average of 79 employees (compared to this company's 323) and received an average PPP loan of $912,996 (compared to this company's $3.14M).
Similar Nearby Businesses Who Received PPP Funding:
J & N Farms, Inc.
Mabton, WA
Black Star Ranch, LLC
Moxee, WA
Tony Harris Farms, Inc.
Mabton, WA
C & C Hop Farm, Inc.
Moxee, WA
Firewater Ranch Partnership
Moxee, WA
Puterbaugh Farms Of Wa LLC
Mabton, WA
Industry PPP Comparison Statistics
Nationwide, 13,220 businesses in the "All Other Miscellaneous Crop Farming" industry received a total of $758,336,902.00 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 8 employees, 98% lower than Roy Farms, Inc.'s reported 323 employees, and received an average PPP loan of $57,363, 98% lower than this company's loan of $3.14M.
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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