PPP Loan Data — Plumbing Distributors Inc., Lawrenceville, GA
Plumbing Distributors Inc.
Entity: Subchapter S Corporation
Location: Lawrenceville, GATweet This • Search All PPP Data
Plumbing Distributors Inc. is a subchapter s corporation located at 242 Culver Street in Lawrenceville, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,689,000.00 in April, 2020.
$ PPP Loan Information
Lender:UNITED COMMUNITY BANK
Plumbing Distributors Inc. in Lawrenceville, GA received a Paycheck Protection Loan of $3.69M through UNITED COMMUNITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Plumbing Distributors Inc.'s total 2019 payroll expenses were approximately $17.71M in order to qualify for the PPP loan amount received.
Based on their reported 284 jobs retained, this equals an estimated average yearly compensation of $62,349 per employee1.
Business Information - Plumbing Distributors Inc. in Lawrenceville, GA
242 Culver Street
Lawrenceville, GA 30046
Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers (NAICS code 423720)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-07
Industry PPP Comparison Statistics
Nationwide, 2,431 businesses in the "Plumbing and Heating Equipment and Supplies (Hydronics) Merchant Wholesalers" industry received a total of $601,862,879.00 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 16 employees, 94% lower than Plumbing Distributors Inc.'s reported 284 employees, and received an average PPP loan of $247,578, 93% lower than this company's loan of $3.69M.
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