PPP Loan Data — Unex Corporation, Mahwah, NJ
Entity: Subchapter S Corporation
Location: Mahwah, NJTweet This • Search All PPP Data
Unex Corporation is a subchapter s corporation located at 333 Route 17 North in Mahwah, New Jersey that received a Coronavirus-related PPP loan from the SBA of $4,365,674.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Unex Corporation in Mahwah, NJ received a Paycheck Protection Loan of $4.37M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Unex Corporation's total 2019 payroll expenses were approximately $20.96M in order to qualify for the PPP loan amount received.
Based on their reported 253 jobs retained, this equals an estimated average yearly compensation of $82,827 per employee1.
Business Information - Unex Corporation in Mahwah, NJ
333 Route 17 North
Mahwah, NJ 07430
Industrial Machinery and Equipment Merchant Wholesalers (NAICS code 423830)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-05
Industry PPP Comparison Statistics
Nationwide, 7,320 businesses in the "Industrial Machinery and Equipment Merchant Wholesalers" industry received a total of $1,713,685,837.00 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 15 employees, 94% lower than Unex Corporation's reported 253 employees, and received an average PPP loan of $234,110, 95% lower than this company's loan of $4.37M.
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