PPP Loan Data — Vantage Custom Classics Inc., Avenel, NJ
Vantage Custom Classics Inc. is a corporation located at 100 Vantage Dr in Avenel, New Jersey that received a Coronavirus-related PPP loan from the SBA of $3,262,400.00 in April, 2020.
$ PPP Loan Information
Vantage Custom Classics Inc. in Avenel, NJ received a Paycheck Protection Loan of $3.26M through PEAPACK-GLADSTONE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Vantage Custom Classics Inc.'s total 2019 payroll expenses were approximately $15.66M in order to qualify for the PPP loan amount received.
Based on their reported 368 jobs retained, this equals an estimated average yearly compensation of $42,553 per employee1.
Business Information - Vantage Custom Classics Inc. in Avenel, NJ
100 Vantage Dr
Avenel, NJ 07001
Cut and Sew Apparel Contractors (NAICS code 315210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NJ-06
Industry PPP Comparison Statistics
Nationwide, 1,002 businesses in the "Cut and Sew Apparel Contractors" industry received a total of $108,959,623.00 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, 96% lower than Vantage Custom Classics Inc.'s reported 368 employees, and received an average PPP loan of $108,742, 97% lower than this company's loan of $3.26M.
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Footnotes & Information
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