PPP Loan Data — Wood Fruitticher Grocery Company Inc, Birmingham, AL
Wood Fruitticher Grocery Company Inc is a corporation located at 2900 Alton Road in Birmingham, Alabama that received a Coronavirus-related PPP loan from the SBA of $5,274,700.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HORIZON BANK
Wood Fruitticher Grocery Company Inc in Birmingham, AL received a Paycheck Protection Loan of $5.27M through FIRST HORIZON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wood Fruitticher Grocery Company Inc's total 2019 payroll expenses were approximately $25.32M in order to qualify for the PPP loan amount received.
Based on their reported 377 jobs retained, this equals an estimated average yearly compensation of $67,158 per employee1.
Business Information - Wood Fruitticher Grocery Company Inc in Birmingham, AL
2900 Alton Road
Birmingham, AL 35210
General Line Grocery Merchant Wholesalers (NAICS code 424410)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AL-06
Similar Companies near Birmingham
In the Birmingham area, 2 businesses in the "General Line Grocery Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 193 employees (compared to this company's 377) and received an average PPP loan of $2,671,215 (compared to this company's $5.27M).
Similar Nearby Businesses Who Received PPP Funding:
D&T Sales, Inc
Industry PPP Comparison Statistics
Nationwide, 4,442 businesses in the "General Line Grocery Merchant Wholesalers" industry received a total of $596,799,136.00 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, 96% lower than Wood Fruitticher Grocery Company Inc's reported 377 employees, and received an average PPP loan of $134,354, 97% lower than this company's loan of $5.27M.
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Footnotes & Information
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