PPP Loan Data — The Haartz Corporation, Acton, MA
The Haartz Corporation is a subchapter s corporation located at 87 Hayward Rd in Acton, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $7,609,782.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 380 people during the applicable loan loan period.
$ PPP Loan Information
The Haartz Corporation received a Paycheck Protection Loan of $7.61M through LEOMINSTER CU, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Haartz Corporation's total 2019 payroll expenses were approximately $36.53M in order to qualify for the PPP loan amount received.
Based on their reported 380 jobs retained, this equals an estimated average yearly compensation of $96,124 per employee1.
Business Information - The Haartz Corporation in Acton, MA
87 Hayward Rd
Acton, MA 1720
Automobile Manufacturing (NAICS code 336111)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: MA-03
Industry PPP Comparison Statistics
Nationwide, 372 businesses in the "Automobile Manufacturing" industry received a total of $165,660,729.00 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 31 employees, 92% lower than The Haartz Corporation's reported 380 employees, and received an average PPP loan of $445,325, 94% lower than this company's loan of $7.61M.
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Footnotes & Information
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