FederalPay.org
PPP Loan Data — Nichiha USA Inc,
Johns Creek, GA
Nichiha USA Inc
Entity: Corporation
Industry: Roofing Contractors
Location: Johns Creek, GA
Tweet This
•
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:
Jobs Retained:
295Loan Approved:
2020-04-30Lender:
BANK OF AMERICA, NATIONAL ASSOCIATIONNichiha 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.
Business Information - Nichiha USA Inc in Johns Creek, GA
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-06Similar 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).
Similar Nearby Businesses Who Received PPP Funding:
A H Roofing & Construction LLC
Duluth, GA
HAL Sons Roofing LLC
Duluth, GA
Silver Roof Inc
Duluth, GA
United Georgia Roofing LLC
Duluth, GA
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.
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!