PPP Loan Data — Snow Creek LLC, Vernon, NJ
Snow Creek LLC is a limited liability company (LLC) located at 200 Route 94 in Vernon, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,442,241.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.
$ PPP Loan Information
Snow Creek LLC in Vernon, NJ received a Paycheck Protection Loan of $2.44M through PROVIDENT BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Snow Creek LLC's total 2019 payroll expenses were approximately $11.72M 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 $23,446 per employee1.
Business Information - Snow Creek LLC in Vernon, NJ
200 Route 94
Vernon, NJ 07462
Lessors of Residential Buildings and Dwellings (NAICS code 531110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: NJ-05
Similar Companies near Vernon
In the Vernon area, 2 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a PPP loan. These local businesses reported an average of 251 employees (compared to this company's 500) and received an average PPP loan of $1,229,812 (compared to this company's $2.44M).
Similar Nearby Businesses Who Received PPP Funding:
Hammerhead Construction LLC
Industry PPP Comparison Statistics
Nationwide, 20,568 businesses in the "Lessors of Residential Buildings and Dwellings" industry received a total of $1,664,555,814.00 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 Snow Creek LLC's reported 500 employees, and received an average PPP loan of $80,929, 97% lower than this company's loan of $2.44M.
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Footnotes & Information
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