PPP Loan Data — West Penn Aggregates, Inc., Portersville, PA
West Penn Aggregates, Inc. is a subchapter s corporation located at Po Box 296 in Portersville, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,008,600.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:CITIZENS BANK, NATIONAL ASSOCIATION
West Penn Aggregates, Inc. in Portersville, PA received a Paycheck Protection Loan of $3.01M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, West Penn Aggregates, Inc.'s total 2019 payroll expenses were approximately $14.44M in order to qualify for the PPP loan amount received.
Unlike most businesses, West Penn Aggregates, 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 - West Penn Aggregates, Inc. in Portersville, PA
Po Box 296
Portersville, PA 16051
General Freight Trucking, Local (NAICS code 484110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: PA-16
Similar Companies near Portersville
In the Portersville area, 6 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 $908,872 (compared to this company's $3.01M).
Similar Nearby Businesses Who Received PPP Funding:
Dale Mcclymonds Inc
MST Associated Co's., Inc.
REG Transport, Inc.
Mcclymonds Supply & Transit Co., 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, 98% lower than this company's loan of $3.01M.
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Footnotes & Information
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