PPP Loan Data — Urban Farmer LLC, Manteno, IL
Urban Farmer LLC is a limited liability company (LLC) located at 1551 Boudreau Rd in Manteno, Illinois that received a Coronavirus-related PPP loan from the SBA of $2,506,800.00 in April, 2020.
$ PPP Loan Information
Urban Farmer LLC in Manteno, IL received a Paycheck Protection Loan of $2.51M through STATE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Urban Farmer LLC's total 2019 payroll expenses were approximately $12.03M in order to qualify for the PPP loan amount received.
Based on their reported 244 jobs retained, this equals an estimated average yearly compensation of $49,314 per employee1.
Business Information - Urban Farmer LLC in Manteno, IL
1551 Boudreau Rd
Manteno, IL 60950
Dried and Dehydrated Food Manufacturing (NAICS code 311423)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-02
Industry PPP Comparison Statistics
Nationwide, 188 businesses in the "Dried and Dehydrated Food Manufacturing" industry received a total of $70,642,618.00 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 36 employees, 85% lower than Urban Farmer LLC's reported 244 employees, and received an average PPP loan of $375,759, 85% lower than this company's loan of $2.51M.
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Footnotes & Information
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