PPP Loan Data — Marketing Alliance Group, Inc, Dalton, GA
Marketing Alliance Group, Inc is a corporation located at 2830 North Dug Gap Road, in Dalton, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,102,900.00 in April, 2020.
The company has reported itself as an American indian or alaska native male owned business, and employed at least 160 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Marketing Alliance Group, Inc in Dalton, GA received a Paycheck Protection Loan of $2.1M through Regions Bank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Marketing Alliance Group, Inc's 2019 payroll expenses are estimated to be at least $10.09M.
Based on their reported 160 jobs retained, this equals an estimated average yearly compensation of $63,087 per employee1
Reported PPP Proceed Usage:
On the PPP application, Marketing Alliance Group, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,102,900
Business Information - Marketing Alliance Group, Inc in Dalton, GA
2830 North Dug Gap Road,
Dalton, GA 30720
NAICS code 339950
Business Owner Demographics
Race: American Indian or Alaska Native
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Dalton
In the Dalton area, 8 businesses in the "Sign Manufacturing" industry received a PPP loan. These local businesses reported an average of 44 employees (compared to this company's 160) and received an average PPP loan of $503,705 (compared to this company's $2.1M).
Similar Nearby Businesses Who Received PPP Funding:
The Sign Shop Of Dalton, Inc
MK Ball, Inc
Signs & Signs, Inc
Industry PPP Comparison Statistics
Nationwide, 9,571 businesses in the "Sign Manufacturing" industry received a total of $1.05B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 11 employees, 93% lower than Marketing Alliance Group, Inc's reported 160 employees, and received an average PPP loan of $109,484, 95% lower than this company's loan of $2.1M.
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Footnotes & Information
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