PPP Loan Data — Shenandoah Growers Inc, Rockingham, VA
Shenandoah Growers Inc
Location: Rockingham, VATweet This • Search All PPP Data
Shenandoah Growers Inc is a corporation located at 3156 N Valley Pike in Rockingham, Virginia that received a Coronavirus-related PPP loan from the SBA of $8,089,200.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Shenandoah Growers Inc received a Paycheck Protection Loan of $8.09M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Shenandoah Growers Inc's total 2019 payroll expenses were approximately $38.83M 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 $77,656 per employee1.
Business Information - Shenandoah Growers Inc in Rockingham, VA
3156 N Valley Pike
Rockingham, VA 22802
Postharvest Crop Activities (except Cotton Ginning) (NAICS code 115114)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-06
Industry PPP Comparison Statistics
Nationwide, 759 businesses in the "Postharvest Crop Activities (except Cotton Ginning)" industry received a total of $229,232,348.00 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 31 employees, 94% lower than Shenandoah Growers Inc's reported 500 employees, and received an average PPP loan of $302,019, 96% lower than this company's loan of $8.09M.
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