PPP Loan Data — Majestic Marble And Glass Company, Youngsville, NC
Majestic Marble And Glass Company is a corporation located at P.o. Box 729 in Youngsville, North Carolina that received a Coronavirus-related PPP loan from the SBA of $3,362,200.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:PNC BANK, NATIONAL ASSOCIATION
Majestic Marble And Glass Company in Youngsville, NC received a Paycheck Protection Loan of $3.36M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Majestic Marble And Glass Company's total 2019 payroll expenses were approximately $16.14M in order to qualify for the PPP loan amount received.
Unlike most businesses, Majestic Marble And Glass Company's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Majestic Marble And Glass Company in Youngsville, NC
P.o. Box 729
Youngsville, NC 27596
Tile and Terrazzo Contractors (NAICS code 238340)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-02
Similar Companies near Youngsville
In the Youngsville area, 2 businesses in the "Tile and Terrazzo Contractors" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 0) and received an average PPP loan of $1,685,929 (compared to this company's $3.36M).
Similar Nearby Businesses Who Received PPP Funding:
KB Tiling LLC
Industry PPP Comparison Statistics
Nationwide, 4,391 businesses in the "Tile and Terrazzo Contractors" industry received a total of $384,389,141.00 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 7 employees, and received an average PPP loan of $87,540, 97% lower than this company's loan of $3.36M.
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Footnotes & Information
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