PPP Loan Data — To-Jo Holdings, Inc., Avondale, PA
To-Jo Holdings, Inc. is a subchapter s corporation located at 974 Penn Green Road in Avondale, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,195,627.00 in April, 2020.
$ PPP Loan Information
Lender:WILMINGTON SAVINGS FUND SOCIETY, FSB
To-Jo Holdings, Inc. in Avondale, PA received a Paycheck Protection Loan of $3.2M through WILMINGTON SAVINGS FUND SOCIETY, FSB, which was approved in April, 2020.
Based on standard PPP eligibility rules, To-Jo Holdings, Inc.'s total 2019 payroll expenses were approximately $15.34M in order to qualify for the PPP loan amount received.
Based on their reported 295 jobs retained, this equals an estimated average yearly compensation of $51,997 per employee1.
Business Information - To-Jo Holdings, Inc. in Avondale, PA
974 Penn Green Road
Avondale, PA 19311
Offices of Other Holding Companies (NAICS code 551112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-06
Similar Companies near Avondale
In the Avondale area, 2 businesses in the "Offices of Other Holding Companies" industry received a PPP loan. These local businesses reported an average of 148 employees (compared to this company's 295) and received an average PPP loan of $1,605,614 (compared to this company's $3.2M).
Similar Nearby Businesses Who Received PPP Funding:
Jdog Carpet Franchising, LLC
Industry PPP Comparison Statistics
Nationwide, 7,606 businesses in the "Offices of Other Holding Companies" industry received a total of $1,222,968,235.00 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 14 employees, 95% lower than To-Jo Holdings, Inc.'s reported 295 employees, and received an average PPP loan of $160,790, 95% lower than this company's loan of $3.2M.
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Footnotes & Information
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