PPP Loan Data — Jackson Paper Manufacturing Company, Sylva, NC
Jackson Paper Manufacturing Company is a subchapter s corporation located at 152 West Main St in Sylva, North Carolina that received a Coronavirus-related PPP loan from the SBA of $3,042,400.00 in April, 2020.
$ PPP Loan Information
Lender:FIFTH THIRD BANK
Jackson Paper Manufacturing Company in Sylva, NC received a Paycheck Protection Loan of $3.04M through FIFTH THIRD BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Jackson Paper Manufacturing Company's total 2019 payroll expenses were approximately $14.6M in order to qualify for the PPP loan amount received.
Based on their reported 215 jobs retained, this equals an estimated average yearly compensation of $67,923 per employee1.
Business Information - Jackson Paper Manufacturing Company in Sylva, NC
152 West Main St
Sylva, NC 28779
All Other Converted Paper Product Manufacturing (NAICS code 322299)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-11
Industry PPP Comparison Statistics
Nationwide, 386 businesses in the "All Other Converted Paper Product Manufacturing" industry received a total of $133,867,269.00 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 28 employees, 87% lower than Jackson Paper Manufacturing Company's reported 215 employees, and received an average PPP loan of $346,806, 89% lower than this company's loan of $3.04M.
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Footnotes & Information
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