PPP Loan Data — Qualex Manufacturing, Lc, Georgetown, KY
Qualex Manufacturing, Lc is a corporation located at 261 Triport Rd in Georgetown, Kentucky that received a Coronavirus-related PPP loan from the SBA of $3,012,100.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 250 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TRADITIONAL BANK, INC.
Qualex Manufacturing, Lc in Georgetown, KY received a Paycheck Protection Loan of $3.01M through TRADITIONAL BANK, INC., which was approved in April, 2020.
Based on standard PPP eligibility rules, Qualex Manufacturing, Lc's total 2019 payroll expenses were approximately $14.46M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $57,832 per employee1.
Business Information - Qualex Manufacturing, Lc in Georgetown, KY
261 Triport Rd
Georgetown, KY 40324
Sheet Metal Work Manufacturing (NAICS code 332322)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: KY-06
Similar Companies near Georgetown
In the Georgetown area, 3 businesses in the "Sheet Metal Work Manufacturing" industry received a PPP loan. These local businesses reported an average of 94 employees (compared to this company's 250) and received an average PPP loan of $1,164,390 (compared to this company's $3.01M).
Similar Nearby Businesses Who Received PPP Funding:
Cassady Industries, LLC
MVH Sheet Metal LLC
Industry PPP Comparison Statistics
Nationwide, 2,639 businesses in the "Sheet Metal Work Manufacturing" industry received a total of $793,668,527.00 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 21 employees, 92% lower than Qualex Manufacturing, Lc's reported 250 employees, and received an average PPP loan of $300,746, 90% lower than this company's loan of $3.01M.
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Footnotes & Information
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