PPP Loan Data — Mountville Mills Inc., Lagrange, GA
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
Lender:GREATER NEVADA CU
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.
Business Information - Mountville Mills Inc. in Lagrange, GA
1729 South Davis Road
Lagrange, GA 30240
Carpet and Rug Mills (NAICS code 314110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional 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.
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Footnotes & Information
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