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PPP Loan Data — Super A Foods, Inc.,
Commerce, CA
Super A Foods, Inc.
Entity: Corporation
Industry: Supermarkets and Other Grocery (except Convenience) Stores
Location: Commerce, CA
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Super A Foods, Inc. is a corporation located at 7200 Dominion Cir in Commerce, California that received a Coronavirus-related PPP loan from the SBA of $3,453,480.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
430Loan Approved:
2020-05-01Lender:
MUFG UNION BANK, NATIONAL ASSOCIATIONSuper A Foods, Inc. received a Paycheck Protection Loan of $3.45M through MUFG UNION BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Super A Foods, Inc.'s total 2019 payroll expenses were approximately $16.58M in order to qualify for the PPP loan amount received.
Based on their reported 430 jobs retained, this equals an estimated average yearly compensation of $38,550 per employee1.
Business Information - Super A Foods, Inc. in Commerce, CA
7200 Dominion Cir
Commerce, CA 90040
Business Industry
Supermarkets and Other Grocery (except Convenience) Stores (NAICS code 445110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-40Similar Companies near Commerce
In the Commerce area, 5 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a PPP loan. These local businesses reported an average of 91 employees (compared to this company's 430) and received an average PPP loan of $738,999 (compared to this company's $3.45M).
Similar Nearby Businesses Who Received PPP Funding:
CKR Enterprise, Inc.
Commerce, CA
Modina Studio, Inc.
Los Angeles, CA
Garden Banner Foods Inc
Commerce, CA
GPS Supermarket Supply, Inc
Commerce, CA
Industry PPP Comparison Statistics
Nationwide, 18,654 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a total of $2,017,651,016.00 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, 96% lower than Super A Foods, Inc.'s reported 430 employees, and received an average PPP loan of $108,162, 97% lower than this company's loan of $3.45M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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