PPP Loan Data — Gfmco LLC, Columbus, GA
Gfmco LLC is a limited liability company (LLC) located at 600 12th St in Columbus, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,333,638.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 242 people during the applicable loan loan period.
$ PPP Loan Information
Lender:SOUTHERN STATES BANK
Gfmco LLC received a Paycheck Protection Loan of $3.33M through SOUTHERN STATES BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Gfmco LLC's total 2019 payroll expenses were approximately $16M in order to qualify for the PPP loan amount received.
Based on their reported 242 jobs retained, this equals an estimated average yearly compensation of $66,122 per employee1.
Business Information - Gfmco LLC in Columbus, GA
600 12th St
Columbus, GA 31901
Iron Foundries (NAICS code 331511)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: GA-02
Industry PPP Comparison Statistics
Nationwide, 188 businesses in the "Iron Foundries" industry received a total of $107,481,342.00 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 42 employees, 83% lower than Gfmco LLC's reported 242 employees, and received an average PPP loan of $571,709, 83% lower than this company's loan of $3.33M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!