PPP Loan Data — Bedding Acquisition, LLC,
New York, NY
Bedding Acquisition, LLC
Entity: Limited Liability Company (LLC)
Industry: All Other Miscellaneous Textile Product Mills
Location: New York, NY

Bedding Acquisition, LLC is a limited liability company (LLC) located at 60 East 42nd St in New York, New York that received a Coronavirus-related PPP loan from the SBA of $10,000,000.00 in May, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
500Loan Approved:
2020-05-03Lender:
EAST WEST BANKBedding Acquisition, LLC in New York, NY received a Paycheck Protection Loan of $10M through EAST WEST BANK, which was approved in May, 2020.
Based on standard PPP eligibility rules, Bedding Acquisition, LLC's total 2019 payroll expenses were approximately $48M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $96,000 per employee1.
Business Information - Bedding Acquisition, LLC in New York, NY
60 East 42nd St
New York, NY 10165
Business Industry
All Other Miscellaneous Textile Product Mills (NAICS code 314999)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: NY-12Industry PPP Comparison Statistics
Nationwide, 1,679 businesses in the "All Other Miscellaneous Textile Product Mills" industry received a total of $266,289,361.00 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, 97% lower than Bedding Acquisition, LLC's reported 500 employees, and received an average PPP loan of $158,600, 98% lower than this company's loan of $10M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
Have FederalPay.org's open data tools been valuable? Consider donating!