PPP Loan Data — Wabash Valley Service Company, Grayville, IL
Wabash Valley Service Company is a limited liability company (LLC) located at 909 N. Court St in Grayville, Illinois that received a Coronavirus-related PPP loan from the SBA of $3,109,237.00 in April, 2020.
$ PPP Loan Information
Wabash Valley Service Company received a Paycheck Protection Loan of $3.11M through BANTERRA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wabash Valley Service Company's total 2019 payroll expenses were approximately $14.92M in order to qualify for the PPP loan amount received.
Based on their reported 215 jobs retained, this equals an estimated average yearly compensation of $69,416 per employee1.
Business Information - Wabash Valley Service Company in Grayville, IL
909 N. Court St
Grayville, IL 62844
Farm Supplies Merchant Wholesalers (NAICS code 424910)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IL-15
Industry PPP Comparison Statistics
Nationwide, 3,012 businesses in the "Farm Supplies Merchant Wholesalers" industry received a total of $498,453,282.00 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 14 employees, 93% lower than Wabash Valley Service Company's reported 215 employees, and received an average PPP loan of $165,489, 95% lower than this company's loan of $3.11M.
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Footnotes & Information
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