PPP Loan Data — Fred Taylor Company, Inc., Albany, GA
Fred Taylor Company, Inc. is a subchapter s corporation located at 2700 Palmyra Rd in Albany, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,568,400.00 in April, 2020.
$ PPP Loan Information
Lender:CIBC BANK USA
Fred Taylor Company, Inc. in Albany, GA received a Paycheck Protection Loan of $3.57M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Fred Taylor Company, Inc.'s total 2019 payroll expenses were approximately $17.13M in order to qualify for the PPP loan amount received.
Based on their reported 285 jobs retained, this equals an estimated average yearly compensation of $60,099 per employee1.
Business Information - Fred Taylor Company, Inc. in Albany, GA
2700 Palmyra Rd
Albany, GA 31707
Offices of Other Holding Companies (NAICS code 551112)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-02
Similar Companies near Albany
In the Albany area, 3 businesses in the "Offices of Other Holding Companies" industry received a PPP loan. These local businesses reported an average of 96 employees (compared to this company's 285) and received an average PPP loan of $1,198,042 (compared to this company's $3.57M).
Similar Nearby Businesses Who Received PPP Funding:
JNJ Hospitality & Management 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, 95% lower than Fred Taylor Company, Inc.'s reported 285 employees, and received an average PPP loan of $160,790, 95% lower than this company's loan of $3.57M.
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Footnotes & Information
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