PPP Loan Data — Victorinox Swiss Army Inc, Monroe, CT
Victorinox Swiss Army Inc
Location: Monroe, CTTweet This • Search All PPP Data
Victorinox Swiss Army Inc is a corporation located at 7 Victoria Drive in Monroe, Connecticut that received a Coronavirus-related PPP loan from the SBA of $3,891,300.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
Victorinox Swiss Army Inc in Monroe, CT received a Paycheck Protection Loan of $3.89M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Victorinox Swiss Army Inc's total 2019 payroll expenses were approximately $18.68M in order to qualify for the PPP loan amount received.
Unlike most businesses, Victorinox Swiss Army 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 - Victorinox Swiss Army Inc in Monroe, CT
7 Victoria Drive
Monroe, CT 06468
All Other Miscellaneous Store Retailers (except Tobacco Stores) (NAICS code 453998)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CT-04
Similar Companies near Monroe
In the Monroe area, 6 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 0) and received an average PPP loan of $672,222 (compared to this company's $3.89M).
Similar Nearby Businesses Who Received PPP Funding:
The Music Lab LLC
New Headings LLC
Blue Line Firearms & Tactical LLC
Grecowolf Engineering LLC
Industry PPP Comparison Statistics
Nationwide, 67,030 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $3,394,491,072.00 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 6 employees, and received an average PPP loan of $50,641, 99% lower than this company's loan of $3.89M.
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Footnotes & Information
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