PPP Loan Data — Lion Copolymer Geismar, LLC, Geismar, LA
Lion Copolymer Geismar, LLC is a limited liability company (LLC) located at 36191 Highway 30 in Geismar, Louisiana that received a Coronavirus-related PPP loan from the SBA of $3,483,000.00 in April, 2020.
$ PPP Loan Information
Lender:CADENCE BANK, NATIONAL ASSOCIATION
Lion Copolymer Geismar, LLC received a Paycheck Protection Loan of $3.48M through CADENCE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lion Copolymer Geismar, LLC's total 2019 payroll expenses were approximately $16.72M in order to qualify for the PPP loan amount received.
Based on their reported 178 jobs retained, this equals an estimated average yearly compensation of $93,924 per employee1.
Business Information - Lion Copolymer Geismar, LLC in Geismar, LA
36191 Highway 30
Geismar, LA 70734
All Other Plastics Product Manufacturing (NAICS code 326199)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: LA-02
Industry PPP Comparison Statistics
Nationwide, 3,247 businesses in the "All Other Plastics Product Manufacturing" industry received a total of $1,252,980,223.00 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 33 employees, 81% lower than Lion Copolymer Geismar, LLC's reported 178 employees, and received an average PPP loan of $385,889, 89% lower than this company's loan of $3.48M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!