PPP Loan Data — Seviroli Foods, Inc., Garden City, NY
Seviroli Foods, Inc. is a corporation located at 385 Oak Street in Garden City, New York that received a Coronavirus-related PPP loan from the SBA of $3,157,500.00 in April, 2020.
$ PPP Loan Information
Seviroli Foods, Inc. received a Paycheck Protection Loan of $3.16M through BNB BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Seviroli Foods, Inc.'s total 2019 payroll expenses were approximately $15.16M in order to qualify for the PPP loan amount received.
Based on their reported 313 jobs retained, this equals an estimated average yearly compensation of $48,422 per employee1.
Business Information - Seviroli Foods, Inc. in Garden City, NY
385 Oak Street
Garden City, NY 11530
Frozen Specialty Food Manufacturing (NAICS code 311412)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-04
Industry PPP Comparison Statistics
Nationwide, 434 businesses in the "Frozen Specialty Food Manufacturing" industry received a total of $156,253,662.00 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 36 employees, 88% lower than Seviroli Foods, Inc.'s reported 313 employees, and received an average PPP loan of $360,031, 89% lower than this company's loan of $3.16M.
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Footnotes & Information
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