PPP Loan Data — Zeeland Lumber Holdings, LLC, Zeeland, MI
Zeeland Lumber Holdings, LLC is a limited liability company (LLC) located at 146 E Washington Ave in Zeeland, Michigan that received a Coronavirus-related PPP loan from the SBA of $4,466,500.00 in April, 2020.
$ PPP Loan Information
Zeeland Lumber Holdings, LLC received a Paycheck Protection Loan of $4.47M through COMERICA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Zeeland Lumber Holdings, LLC's total 2019 payroll expenses were approximately $21.44M in order to qualify for the PPP loan amount received.
Based on their reported 328 jobs retained, this equals an estimated average yearly compensation of $65,363 per employee1.
Business Information - Zeeland Lumber Holdings, LLC in Zeeland, MI
146 E Washington Ave
Zeeland, MI 49464
Offices of Other Holding Companies (NAICS code 551112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-02
Similar Companies near Zeeland
In the Zeeland area, 2 businesses in the "Offices of Other Holding Companies" industry received a PPP loan. These local businesses reported an average of 167 employees (compared to this company's 328) and received an average PPP loan of $2,268,231 (compared to this company's $4.47M).
Similar Nearby Businesses Who Received PPP Funding:
Teardrop Holdings, LLC
Industry PPP Comparison Statistics
Nationwide, 7,606 businesses in the "Offices of Other Holding Companies" industry received a total of $1,222,968,235.00 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 Zeeland Lumber Holdings, LLC's reported 328 employees, and received an average PPP loan of $160,790, 96% lower than this company's loan of $4.47M.
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Footnotes & Information
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