PPP Loan Data — Snow Joe, LLC, Carlstadt, NJ
Snow Joe, LLC
Entity: Limited Liability Company (LLC)
Location: Carlstadt, NJTweet This • Search All PPP Data
Snow Joe, LLC is a limited liability company (LLC) located at 305 Veterans Blvd in Carlstadt, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,667,582.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 225 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TD BANK, NATIONAL ASSOCIATION
Snow Joe, LLC received a Paycheck Protection Loan of $2.67M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Snow Joe, LLC's total 2019 payroll expenses were approximately $12.8M in order to qualify for the PPP loan amount received.
Based on their reported 225 jobs retained, this equals an estimated average yearly compensation of $56,908 per employee1.
Business Information - Snow Joe, LLC in Carlstadt, NJ
305 Veterans Blvd
Carlstadt, NJ 7072
Farm and Garden Machinery and Equipment Merchant Wholesalers (NAICS code 423820)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: NJ-09
Similar Companies near Carlstadt
In the Carlstadt area, 2 businesses in the "Farm and Garden Machinery and Equipment Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 124 employees (compared to this company's 225) and received an average PPP loan of $1,510,367 (compared to this company's $2.67M).
Similar Nearby Businesses Who Received PPP Funding:
Consolidated Sewing Machine Corporation
Industry PPP Comparison Statistics
Nationwide, 2,270 businesses in the "Farm and Garden Machinery and Equipment Merchant Wholesalers" industry received a total of $573,983,487.00 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 19 employees, 92% lower than Snow Joe, LLC's reported 225 employees, and received an average PPP loan of $252,856, 91% lower than this company's loan of $2.67M.
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Footnotes & Information
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