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PPP Loan Data — Valley Agronomics LLC, Nampa, ID

SBA PPP loan data, payroll data, and salaries for Valley Agronomics LLC
ID

Valley Agronomics LLC

Entity: Limited Liability Company (LLC)

Industry: Soil Preparation, Planting, and Cultivating

Location: Nampa, ID

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Valley Agronomics LLC is a limited liability company (LLC) located at 2114 N 20th St in Nampa, Idaho that received a Coronavirus-related PPP loan from the SBA of $5,250,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$5.25M

Jobs Retained:

443

Loan Approved:

2020-04-16

Lender:

ZIONS BANK, A DIVISION OF

Valley Agronomics LLC received a Paycheck Protection Loan of $5.25M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.

Based on standard PPP eligibility rules, Valley Agronomics LLC's total 2019 payroll expenses were approximately $25.2M in order to qualify for the PPP loan amount received.

Based on their reported 443 jobs retained, this equals an estimated average yearly compensation of $56,885 per employee1.

Because the loan received by Valley Agronomics LLC is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Valley Agronomics LLC in Nampa, ID

Valley Agronomics LLC
2114 N 20th St
Nampa, ID 83687

Business Industry

Soil Preparation, Planting, and Cultivating (NAICS code 115112)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: ID-01

Industry PPP Comparison Statistics

Nationwide, 2,301 businesses in the "Soil Preparation, Planting, and Cultivating" industry received a total of $184,210,965.00 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 9 employees, 98% lower than Valley Agronomics LLC's reported 443 employees, and received an average PPP loan of $80,057, 98% lower than this company's loan of $5.25M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.


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Source: www.federalpay.org/paycheck-protection-program/valley-agronomics-llc-nampa-id