PPP Loan Data — Lafayette Venetian Blind Inc, West Lafayette, IN
Lafayette Venetian Blind Inc is a corporation located at 3000 Klondike Road in West Lafayette, Indiana that received a Coronavirus-related PPP loan from the SBA of $3,900,600.00 in April, 2020.
$ PPP Loan Information
Lender:LAKE CITY BANK
Lafayette Venetian Blind Inc in West Lafayette, IN received a Paycheck Protection Loan of $3.9M through LAKE CITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lafayette Venetian Blind Inc's total 2019 payroll expenses were approximately $18.72M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $74,892 per employee1.
Business Information - Lafayette Venetian Blind Inc in West Lafayette, IN
3000 Klondike Road
West Lafayette, IN 47996
Blind and Shade Manufacturing (NAICS code 337920)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-04
Industry PPP Comparison Statistics
Nationwide, 427 businesses in the "Blind and Shade Manufacturing" industry received a total of $64,899,649.00 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 13 employees, 95% lower than Lafayette Venetian Blind Inc's reported 250 employees, and received an average PPP loan of $151,990, 96% lower than this company's loan of $3.9M.
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Footnotes & Information
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