PPP Loan Data — United Envlope, LLC, Ridgefield, NJ
United Envlope, LLC is a limited liability company (LLC) located at 65 Railroad Avenue in Ridgefield, New Jersey that received a Coronavirus-related PPP loan from the SBA of $4,641,015.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
United Envlope, LLC in Ridgefield, NJ received a Paycheck Protection Loan of $4.64M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, United Envlope, LLC's total 2019 payroll expenses were approximately $22.28M in order to qualify for the PPP loan amount received.
Based on their reported 362 jobs retained, this equals an estimated average yearly compensation of $61,538 per employee1.
Business Information - United Envlope, LLC in Ridgefield, NJ
65 Railroad Avenue
Ridgefield, NJ 7657
All Other Converted Paper Product Manufacturing (NAICS code 322299)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-09
Similar Companies near Ridgefield
In the Ridgefield area, 2 businesses in the "All Other Converted Paper Product Manufacturing" industry received a PPP loan. These local businesses reported an average of 189 employees (compared to this company's 362) and received an average PPP loan of $2,460,258 (compared to this company's $4.64M).
Similar Nearby Businesses Who Received PPP Funding:
George H Swatek Inc
Industry PPP Comparison Statistics
Nationwide, 386 businesses in the "All Other Converted Paper Product Manufacturing" industry received a total of $133,867,269.00 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 28 employees, 92% lower than United Envlope, LLC's reported 362 employees, and received an average PPP loan of $346,806, 93% lower than this company's loan of $4.64M.
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Footnotes & Information
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