PPP Loan Data — Theodore J Katsiroubas & Sons, Inc., Readville, MA
Theodore J Katsiroubas & Sons, Inc. is a corporation located at 200 Meadow Road in Readville, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $2,488,509.00 in April, 2020.
$ PPP Loan Information
Lender:ROCKLAND TRUST COMPANY
Theodore J Katsiroubas & Sons, Inc. received a Paycheck Protection Loan of $2.49M through ROCKLAND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Theodore J Katsiroubas & Sons, Inc.'s total 2019 payroll expenses were approximately $11.94M in order to qualify for the PPP loan amount received.
Based on their reported 176 jobs retained, this equals an estimated average yearly compensation of $67,868 per employee1.
Business Information - Theodore J Katsiroubas & Sons, Inc. in Readville, MA
200 Meadow Road
Readville, MA 2137
Fresh Fruit and Vegetable Merchant Wholesalers (NAICS code 424480)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MA-07
Industry PPP Comparison Statistics
Nationwide, 2,174 businesses in the "Fresh Fruit and Vegetable Merchant Wholesalers" industry received a total of $605,605,165.00 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 24 employees, 86% lower than Theodore J Katsiroubas & Sons, Inc.'s reported 176 employees, and received an average PPP loan of $278,567, 89% lower than this company's loan of $2.49M.
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Footnotes & Information
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