PPP Loan Data — Suiza Dairy Corporation, San Juan, PR
Suiza Dairy Corporation is a corporation located at Ave San Patricio Esq Ave De Di in San Juan, Puerto Rico that received a Coronavirus-related PPP loan from the SBA of $4,821,000.00 in May, 2020.
$ PPP Loan Information
Lender:BANCO POPULAR DE PUERTO RICO
Suiza Dairy Corporation in San Juan, PR received a Paycheck Protection Loan of $4.82M through BANCO POPULAR DE PUERTO RICO, which was approved in May, 2020.
Based on standard PPP eligibility rules, Suiza Dairy Corporation's total 2019 payroll expenses were approximately $23.14M 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 $46,282 per employee1.
Business Information - Suiza Dairy Corporation in San Juan, PR
Ave San Patricio Esq Ave De Di
San Juan, PR 00910
Fluid Milk Manufacturing (NAICS code 311511)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PR-
Industry PPP Comparison Statistics
Nationwide, 204 businesses in the "Fluid Milk Manufacturing" industry received a total of $121,641,804.00 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 46 employees, 91% lower than Suiza Dairy Corporation's reported 500 employees, and received an average PPP loan of $596,283, 88% lower than this company's loan of $4.82M.
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Footnotes & Information
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