PPP Loan Data — National Tobacco Company LP, Louisville, KY
National Tobacco Company LP
Location: Louisville, KYTweet This • Search All PPP Data
National Tobacco Company LP is a partnership located at 5201 Interchange Way in Louisville, Kentucky that received a Coronavirus-related PPP loan from the SBA of $7,485,000.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
National Tobacco Company LP in Louisville, KY received a Paycheck Protection Loan of $7.49M through Regions Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in November, 2021.
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, National Tobacco Company LP's 2019 payroll expenses are estimated to be at least $35.93M.
Based on their reported 455 jobs retained, this equals an estimated average yearly compensation of $78,963 per employee1
Reported PPP Proceed Usage:
On the PPP application, National Tobacco Company LP reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $7,485,000
Business Information - National Tobacco Company LP in Louisville, KY
5201 Interchange Way
Louisville, KY 40229
All Other Miscellaneous Store Retailers (except Tobacco Stores)
NAICS code 453998
Business Owner Demographics
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Louisville
In the Louisville area, 11 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a PPP loan. These local businesses reported an average of 46 employees (compared to this company's 455) and received an average PPP loan of $733,130 (compared to this company's $7.49M).
Similar Nearby Businesses Who Received PPP Funding:
Veronica Pintos Cleaners Service
Billie Jo Orkis
Havana Bakery Cafe & Store LLC
Compozit Home Systems LLC
Bluegrass Cannaceuticals LLC
Industry PPP Comparison Statistics
Nationwide, 146,534 businesses in the "All Other Miscellaneous Store Retailers (except Tobacco Stores)" industry received a total of $5.11B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 4 employees, 99% lower than National Tobacco Company LP's reported 455 employees, and received an average PPP loan of $34,905, 100% lower than this company's loan of $7.49M.
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Footnotes & Information
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