Tosh Pork LLC in Henry, TN - SBA PPP Loan Data (Paycheck Protection Program)

PPP Loan Data — Tosh Pork LLC, Henry, TN

Tosh Pork LLC

Entity: Partnership

Industry: Hog and Pig Farming

Location: Henry, TN

Tosh Pork LLC is a partnership located at 1586 Atlantic Ave. in Henry, Tennessee that received a Coronavirus-related PPP loan from the SBA of $4,127,274.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.13M

Jobs Retained:

393

Loan Approved:

2020-04-07

Lender:

COMPEER FINANCIAL, ACA

Tosh Pork LLC received a Paycheck Protection Loan of $4.13M through COMPEER FINANCIAL, ACA, which was approved in April, 2020.

Based on standard PPP eligibility rules, Tosh Pork LLC's total 2019 payroll expenses were approximately $19.81M in order to qualify for the PPP loan amount received.

Based on their reported 393 jobs retained, this equals an estimated average yearly compensation of $50,409 per employee¹.

Because the loan received by Tosh Pork LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Tosh Pork LLC in Henry, TN

Tosh Pork LLC
1586 Atlantic Ave.
Henry, TN 38231

Business Industry

Hog and Pig Farming (NAICS code 112210)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: TN-08

Industry PPP Comparison Statistics

Nationwide, 2,992 businesses in the "Hog and Pig Farming" industry received a total of $178,676,112.00 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 6 employees, 98% lower than Tosh Pork LLC's reported 393 employees, and received an average PPP loan of $59,718, 99% lower than this company's loan of $4.13M.

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.

Search FederalPay's Full PPP Loan Database

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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