PPP Loan Data — MFG Chemical, LLC, Dalton, GA
MFG Chemical, LLC
Entity: Limited Liability Company (LLC)
Location: Dalton, GATweet This • Search All PPP Data
MFG Chemical, LLC is a limited liability company (LLC) located at 1804 Kimberly Park Dr in Dalton, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,809,037.00 in April, 2020.
$ PPP Loan Information
Lender:CIBC BANK USA
MFG Chemical, LLC in Dalton, GA received a Paycheck Protection Loan of $2.81M through CIBC BANK USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, MFG Chemical, LLC's total 2019 payroll expenses were approximately $13.48M in order to qualify for the PPP loan amount received.
Based on their reported 159 jobs retained, this equals an estimated average yearly compensation of $84,801 per employee1.
Business Information - MFG Chemical, LLC in Dalton, GA
1804 Kimberly Park Dr
Dalton, GA 30720
All Other Miscellaneous Chemical Product and Preparation Manufacturing (NAICS code 325998)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-14
Similar Companies near Dalton
In the Dalton area, 7 businesses in the "All Other Miscellaneous Chemical Product and Preparation Manufacturing" industry received a PPP loan. These local businesses reported an average of 36 employees (compared to this company's 159) and received an average PPP loan of $606,498 (compared to this company's $2.81M).
Similar Nearby Businesses Who Received PPP Funding:
D&M Enterprise Of GA LLC
Southern Chemical & Textile, Inc.
Secoa Technology, LLC
Industry PPP Comparison Statistics
Nationwide, 1,244 businesses in the "All Other Miscellaneous Chemical Product and Preparation Manufacturing" industry received a total of $327,617,499.00 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 18 employees, 89% lower than MFG Chemical, LLC's reported 159 employees, and received an average PPP loan of $263,358, 91% lower than this company's loan of $2.81M.
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