PPP Loan Data — VEG-Fresh Farms LLC, Corona, CA
VEG-Fresh Farms LLC is a corporation located at 1400 W. Rincon Street in Corona, California that received a Coronavirus-related PPP loan from the SBA of $4,165,000.00 in May, 2020.
$ PPP Loan Information
Lender:FIFTH THIRD BANK
VEG-Fresh Farms LLC in Corona, CA received a Paycheck Protection Loan of $4.17M through FIFTH THIRD BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, VEG-Fresh Farms LLC's total 2019 payroll expenses were approximately $19.99M in order to qualify for the PPP loan amount received.
Based on their reported 498 jobs retained, this equals an estimated average yearly compensation of $40,145 per employee1.
Business Information - VEG-Fresh Farms LLC in Corona, CA
1400 W. Rincon Street
Corona, CA 92880
Fresh Fruit and Vegetable Merchant Wholesalers (NAICS code 424480)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-42
Industry PPP Comparison Statistics
Nationwide, 2,174 businesses in the "Fresh Fruit and Vegetable Merchant Wholesalers" industry received a total of $605,605,165.00 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 24 employees, 95% lower than VEG-Fresh Farms LLC's reported 498 employees, and received an average PPP loan of $278,567, 93% lower than this company's loan of $4.17M.
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Footnotes & Information
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