Holland Enterprises, Inc.
PPP Loan Data — Holland Enterprises, Inc., Mapleton, ND
Entity: Corporation
Industry: General Freight Trucking, Long-Distance, Truckload
Location: Mapleton, ND
Holland Enterprises, Inc. is a corporation located at 500 Carl Olsen St in Mapleton, North Dakota that received a Coronavirus-related PPP loan from the SBA of $4,269,200.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 250 people during the applicable loan loan period.
FIRST INTERNATIONAL BANK & TRUST
Holland Enterprises, Inc. in Mapleton, ND received a Paycheck Protection Loan of $4.27M through FIRST INTERNATIONAL BANK & TRUST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Holland Enterprises, Inc.'s total 2019 payroll expenses were approximately $20.49M in order to qualify for the PPP loan amount received.
Because the loan received by Holland Enterprises, Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.
Business Information - Holland Enterprises, Inc. in Mapleton, ND
500 Carl Olsen St
Mapleton, ND 58059
General Freight Trucking, Long-Distance, Truckload (NAICS code 484121)
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: ND-
Nationwide, 30,410 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $2,441,673,488.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 98% lower than Holland Enterprises, Inc.'s reported 250 employees, and received an average PPP loan of $80,292, 98% lower than this company's loan of $4.27M.
Source: www.federalpay.org/paycheck-protection-program/holland-enterprises-inc-mapleton-nd