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PPP Loan Data — Jordan Lumber & Supply, Inc., Mount Gilead, NC

SBA PPP loan data, payroll data, and salaries for Jordan Lumber & Supply, Inc.

Jordan Lumber & Supply, Inc.

Entity: Corporation

Industry: Sawmills

Location: Mount Gilead, NC

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Jordan Lumber & Supply, Inc. is a corporation located at 1939 Nc Highway 109 in Mount Gilead, North Carolina that received a Coronavirus-related PPP loan from the SBA of $4,499,021.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 358 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Jordan Lumber & Supply, Inc. in Mount Gilead, NC received a Paycheck Protection Loan of $4.5M through CAROLINA FARM CREDIT, ACA, which was approved in April, 2020.

Based on standard PPP eligibility rules, Jordan Lumber & Supply, Inc.'s total 2019 payroll expenses were approximately $21.6M in order to qualify for the PPP loan amount received.

Based on their reported 358 jobs retained, this equals an estimated average yearly compensation of $60,322 per employee1.

Because the loan received by Jordan Lumber & Supply, 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 - Jordan Lumber & Supply, Inc. in Mount Gilead, NC

Jordan Lumber & Supply, Inc.
1939 Nc Highway 109
Mount Gilead, NC 27306

Business Industry

Sawmills (NAICS code 321113)

Business Owner Demographics

Race / Ethnicity: Unreported


Veteran Status: Unreported

Congressional District: NC-08

Similar Companies near Mount Gilead

In the Mount Gilead area, 4 businesses in the "Sawmills" industry received a PPP loan. These local businesses reported an average of 96 employees (compared to this company's 358) and received an average PPP loan of $1,186,506 (compared to this company's $4.5M).

Industry PPP Comparison Statistics

Nationwide, 1,288 businesses in the "Sawmills" industry received a total of $298,695,388.00 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 21 employees, 94% lower than Jordan Lumber & Supply, Inc.'s reported 358 employees, and received an average PPP loan of $231,906, 95% lower than this company's loan of $4.5M.

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.

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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.

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** This Document Provided By - The Civil Employee's Resource **