PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Nichiha USA Inc, Johns Creek, GA

SBA PPP loan data, payroll data, and salaries for Nichiha USA Inc
GA

Nichiha USA Inc

Entity: Corporation

Industry: Roofing Contractors

Location: Johns Creek, GA

Search All PPP Data

Nichiha USA Inc is a corporation located at 6465 E Johns Xing Ste 250 in Johns Creek, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,334,502.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$4.33M

Jobs Retained:

295

Loan Approved:

2020-04-30

Lender:

BANK OF AMERICA, NATIONAL ASSOCIATION

Nichiha USA Inc in Johns Creek, GA received a Paycheck Protection Loan of $4.33M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Nichiha USA Inc's total 2019 payroll expenses were approximately $20.81M in order to qualify for the PPP loan amount received.

Based on their reported 295 jobs retained, this equals an estimated average yearly compensation of $70,527 per employee1.

Because the loan received by Nichiha USA 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 - Nichiha USA Inc in Johns Creek, GA

Nichiha USA Inc
6465 E Johns Xing Ste 250
Johns Creek, GA 30097

Business Industry

Roofing Contractors (NAICS code 238160)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: GA-06

Similar Companies near Johns Creek

In the Johns Creek area, 5 businesses in the "Roofing Contractors" industry received a PPP loan. These local businesses reported an average of 60 employees (compared to this company's 295) and received an average PPP loan of $873,023 (compared to this company's $4.33M).

Industry PPP Comparison Statistics

Nationwide, 13,327 businesses in the "Roofing Contractors" industry received a total of $1,896,438,811.00 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 12 employees, 96% lower than Nichiha USA Inc's reported 295 employees, and received an average PPP loan of $142,301, 97% lower than this company's loan of $4.33M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/nichiha-usa-inc-johns-creek-ga