PPP Loan Data — Triple V Inc., Forest, MS
Triple V Inc.
Entity: Subchapter S Corporation
Location: Forest, MSTweet This • Search All PPP Data
Triple V Inc. is a subchapter s corporation located at 820 Highway 35 in Forest, Mississippi that received a Coronavirus-related PPP loan from the SBA of $2,473,611.00 in April, 2020.
$ PPP Loan Information
Lender:THE CITIZENS BANK OF PHILADELPHIA
Triple V Inc. in Forest, MS received a Paycheck Protection Loan of $2.47M through THE CITIZENS BANK OF PHILADELPHIA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Triple V Inc.'s total 2019 payroll expenses were approximately $11.87M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $23,747 per employee1.
Business Information - Triple V Inc. in Forest, MS
820 Highway 35
Forest, MS 39074
Supermarkets and Other Grocery (except Convenience) Stores (NAICS code 445110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MS-03
Similar Companies near Forest
In the Forest area, 8 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a PPP loan. These local businesses reported an average of 109 employees (compared to this company's 500) and received an average PPP loan of $467,529 (compared to this company's $2.47M).
Similar Nearby Businesses Who Received PPP Funding:
21 Grocery, LLC
D's One Stop VII, LLC
La Moreliana Of Forest, LLC
M & R Foods Inc
Big Daddy Foods Inc.
Industry PPP Comparison Statistics
Nationwide, 18,654 businesses in the "Supermarkets and Other Grocery (except Convenience) Stores" industry received a total of $2,017,651,016.00 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 19 employees, 96% lower than Triple V Inc.'s reported 500 employees, and received an average PPP loan of $108,162, 96% lower than this company's loan of $2.47M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!