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PPP Loan Data — Oriental Weavers USA, Inc,
Dalton, GA
Oriental Weavers USA, Inc
Entity: Corporation
Industry: Carpet and Rug Mills
Location: Dalton, GA
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Oriental Weavers USA, Inc is a corporation located at 3295 Dug Gap Rd in Dalton, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,600,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
404Loan Approved:
2020-04-28Lender:
REGIONS BANKOriental Weavers USA, Inc received a Paycheck Protection Loan of $4.6M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Oriental Weavers USA, Inc's total 2019 payroll expenses were approximately $22.08M in order to qualify for the PPP loan amount received.
Based on their reported 404 jobs retained, this equals an estimated average yearly compensation of $54,653 per employee1.
Business Information - Oriental Weavers USA, Inc in Dalton, GA
3295 Dug Gap Rd
Dalton, GA 30720
Business Industry
Carpet and Rug Mills (NAICS code 314110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: GA-14Similar Companies near Dalton
In the Dalton area, 49 businesses in the "Carpet and Rug Mills" industry received a PPP loan. These local businesses reported an average of 58 employees (compared to this company's 404) and received an average PPP loan of $641,648 (compared to this company's $4.6M).
Similar Nearby Businesses Who Received PPP Funding:
Premier Carpet Solutions Management, Inc.
Dalton, GA
Healthier Choice Flooring LLC
Dalton, GA
Ecmh LLC
Dalton, GA
Chem-Tech Finishers, Inc
Dalton, GA
Over The Edge Cut And Sew Inc
Dalton, GA
Caldwell Carpet Inc
Dalton, GA
Calco Concepts LLC
Dalton, GA
Integrated Tufting Company LLC
Dalton, GA
Global Textile Services, LLC
Dalton, GA
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, 94% lower than Oriental Weavers USA, Inc's reported 404 employees, and received an average PPP loan of $296,872, 94% lower than this company's loan of $4.6M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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.
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