PPP Loan Data — Ukrop's Homestyle Foods, Inc., Richmond, VA
Ukrop's Homestyle Foods, Inc. is a corporation located at 2001 Maywill Street in Richmond, Virginia that received a Coronavirus-related PPP loan from the SBA of $2,858,300.00 in April, 2020.
$ PPP Loan Information
Lender:ATLANTIC UNION BANK
Ukrop's Homestyle Foods, Inc. received a Paycheck Protection Loan of $2.86M through ATLANTIC UNION BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ukrop's Homestyle Foods, Inc.'s total 2019 payroll expenses were approximately $13.72M in order to qualify for the PPP loan amount received.
Based on their reported 378 jobs retained, this equals an estimated average yearly compensation of $36,296 per employee1.
Business Information - Ukrop's Homestyle Foods, Inc. in Richmond, VA
2001 Maywill Street
Richmond, VA 23230
Perishable Prepared Food Manufacturing (NAICS code 311991)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-07
Industry PPP Comparison Statistics
Nationwide, 917 businesses in the "Perishable Prepared Food Manufacturing" industry received a total of $218,265,244.00 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 22 employees, 94% lower than Ukrop's Homestyle Foods, Inc.'s reported 378 employees, and received an average PPP loan of $238,021, 92% lower than this company's loan of $2.86M.
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Footnotes & Information
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