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PPP Loan Data — Sunshine Bouquet Company,
Dayton, NJ
Sunshine Bouquet Company
Entity: Corporation
Industry: All Other Miscellaneous Store Retailers (except Tobacco Stores)
Location: Dayton, NJ
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Sunshine Bouquet Company is a corporation located at 3 Chris Ct Ste A in Dayton, New Jersey that received a Coronavirus-related PPP loan from the SBA of $4,445,480.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
400Loan Approved:
2020-04-15Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONSunshine Bouquet Company in Dayton, NJ received a Paycheck Protection Loan of $4.45M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sunshine Bouquet Company's total 2019 payroll expenses were approximately $21.34M in order to qualify for the PPP loan amount received.
Based on their reported 400 jobs retained, this equals an estimated average yearly compensation of $53,346 per employee1.
Business Information - Sunshine Bouquet Company in Dayton, NJ
3 Chris Ct Ste A
Dayton, NJ 08810
Business Industry
All Other Miscellaneous Store Retailers (except Tobacco Stores) (NAICS code 453998)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NJ-12Industry PPP Comparison Statistics
Nationwide, 67,030 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $3,394,491,072.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 99% lower than Sunshine Bouquet Company's reported 400 employees, and received an average PPP loan of $50,641, 99% lower than this company's loan of $4.45M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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