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PPP Loan Data — Mountville Mills Inc., Lagrange, GA

SBA PPP loan data, payroll data, and salaries for Mountville Mills Inc.

Mountville Mills Inc.

Entity: Corporation

Industry: Carpet and Rug Mills

Location: Lagrange, GA

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Mountville Mills Inc. is a corporation located at 1729 South Davis Road in Lagrange, Georgia that received a Coronavirus-related PPP loan from the SBA of $7,141,300.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 500 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Mountville Mills Inc. in Lagrange, GA received a Paycheck Protection Loan of $7.14M through GREATER NEVADA CU, which was approved in April, 2020.

Based on standard PPP eligibility rules, Mountville Mills Inc.'s total 2019 payroll expenses were approximately $34.28M in order to qualify for the PPP loan amount received.

Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $68,556 per employee1.

Because the loan received by Mountville Mills Inc. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Mountville Mills Inc. in Lagrange, GA

Mountville Mills Inc.
1729 South Davis Road
Lagrange, GA 30240

Business Industry

Carpet and Rug Mills (NAICS code 314110)

Business Owner Demographics

Race / Ethnicity: Unreported


Veteran Status: Unreported

Congressional District: GA-03

Industry PPP Comparison Statistics

Nationwide, 389 businesses in the "Carpet and Rug Mills" industry received a total of $115,483,385.00 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 25 employees, 95% lower than Mountville Mills Inc.'s reported 500 employees, and received an average PPP loan of $296,872, 96% lower than this company's loan of $7.14M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.

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Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

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** This Document Provided By - The Civil Employee's Resource **