PPP Loan Data — Souther Eagle Sales And Services LP, Metairie, LA
Souther Eagle Sales And Services LP is a limited liability partnership located at 5300 Blair St in Metairie, Louisiana that received a Coronavirus-related PPP loan from the SBA of $2,886,700.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HORIZON BANK
Souther Eagle Sales And Services LP received a Paycheck Protection Loan of $2.89M through FIRST HORIZON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Souther Eagle Sales And Services LP's total 2019 payroll expenses were approximately $13.86M in order to qualify for the PPP loan amount received.
Based on their reported 266 jobs retained, this equals an estimated average yearly compensation of $52,091 per employee1.
Business Information - Souther Eagle Sales And Services LP in Metairie, LA
5300 Blair St
Metairie, LA 70003
Beer and Ale Merchant Wholesalers (NAICS code 424810)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: LA-01
Industry PPP Comparison Statistics
Nationwide, 1,103 businesses in the "Beer and Ale Merchant Wholesalers" industry received a total of $586,037,858.00 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 43 employees, 84% lower than Souther Eagle Sales And Services LP's reported 266 employees, and received an average PPP loan of $531,313, 82% lower than this company's loan of $2.89M.
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Footnotes & Information
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