PPP Loan Data — Stylex Inc, Delanco, NJ
Stylex Inc is a subchapter s corporation located at 740 Coopertown Rd in Delanco, New Jersey that received a Coronavirus-related PPP loan from the SBA of $2,786,900.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Stylex Inc in Delanco, NJ received a Paycheck Protection Loan of $2.79M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Stylex Inc's total 2019 payroll expenses were approximately $13.38M in order to qualify for the PPP loan amount received.
Based on their reported 245 jobs retained, this equals an estimated average yearly compensation of $54,600 per employee1.
Business Information - Stylex Inc in Delanco, NJ
740 Coopertown Rd
Delanco, NJ 08075
Office Furniture (except Wood) Manufacturing (NAICS code 337214)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-03
Industry PPP Comparison Statistics
Nationwide, 357 businesses in the "Office Furniture (except Wood) Manufacturing" industry received a total of $103,466,070.00 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 22 employees, 91% lower than Stylex Inc's reported 245 employees, and received an average PPP loan of $289,821, 90% lower than this company's loan of $2.79M.
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Footnotes & Information
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