PPP Loan Data — Simon Pearce, Inc, Windsor, VT
Simon Pearce, Inc
Entity: Subchapter S Corporation
Location: Windsor, VTTweet This • Search All PPP Data
Simon Pearce, Inc is a subchapter s corporation located at 109 Park Rd in Windsor, Vermont that received a Coronavirus-related PPP loan from the SBA of $3,267,073.00 in April, 2020.
$ PPP Loan Information
Lender:PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION
Simon Pearce, Inc in Windsor, VT received a Paycheck Protection Loan of $3.27M through PEOPLE'S UNITED BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Simon Pearce, Inc's total 2019 payroll expenses were approximately $15.68M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $62,728 per employee1.
Business Information - Simon Pearce, Inc in Windsor, VT
109 Park Rd
Windsor, VT 05089
Other Pressed and Blown Glass and Glassware Manufacturing (NAICS code 327212)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VT-
Industry PPP Comparison Statistics
Nationwide, 391 businesses in the "Other Pressed and Blown Glass and Glassware Manufacturing" industry received a total of $65,208,421.00 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 14 employees, 94% lower than Simon Pearce, Inc's reported 250 employees, and received an average PPP loan of $166,773, 95% lower than this company's loan of $3.27M.
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Footnotes & Information
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