PPP Loan Data — Venezia Hauling, Inc., Pottstown, PA
Venezia Hauling, Inc. is a subchapter s corporation located at 86 Airport Rd in Pottstown, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $7,087,900.00 in May, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
Venezia Hauling, Inc. received a Paycheck Protection Loan of $7.09M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Venezia Hauling, Inc.'s total 2019 payroll expenses were approximately $34.02M in order to qualify for the PPP loan amount received.
Unlike most businesses, Venezia Hauling, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Venezia Hauling, Inc. in Pottstown, PA
86 Airport Rd
Pottstown, PA 19464
General Freight Trucking, Local (NAICS code 484110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-04
Similar Companies near Pottstown
In the Pottstown area, 3 businesses in the "General Freight Trucking, Local" industry received a PPP loan. These local businesses reported an average of 0 employees (compared to this company's 0) and received an average PPP loan of $2,373,621 (compared to this company's $7.09M).
Similar Nearby Businesses Who Received PPP Funding:
Bahaa M Abdelmaguid
Smale's Printery, Inc.
Industry PPP Comparison Statistics
Nationwide, 63,007 businesses in the "General Freight Trucking, Local" industry received a total of $3,835,780,964.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, and received an average PPP loan of $60,879, 99% lower than this company's loan of $7.09M.
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Footnotes & Information
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