PPP Loan Data — Swanson Group Inc, Roseburg, OR
Swanson Group Inc is a corporation located at 2635 Old Hwy 99 S in Roseburg, Oregon that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in May, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WELLS FARGO BANK, NATIONAL ASSOCIATION
Swanson Group Inc in Roseburg, OR received a Paycheck Protection Loan of $10M through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Swanson Group Inc's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Unlike most businesses, Swanson Group Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Swanson Group Inc in Roseburg, OR
2635 Old Hwy 99 S
Roseburg, OR 97471
Sawmills (NAICS code 321113)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OR-04
Similar Companies near Roseburg
In the Roseburg area, 2 businesses in the "Sawmills" industry received a PPP loan. These local businesses reported an average of 0 employees (compared to this company's 0) and received an average PPP loan of $5,004,297 (compared to this company's $10M).
Similar Nearby Businesses Who Received PPP Funding:
Stone Mountain Wood Products
Industry PPP Comparison Statistics
Nationwide, 1,288 businesses in the "Sawmills" industry received a total of $298,695,388.00 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 21 employees, and received an average PPP loan of $231,906, 98% lower than this company's loan of $10M.
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Footnotes & Information
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