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PPP Loan Data — Qualex Manufacturing, Lc, Georgetown, KY

SBA PPP loan data, payroll data, and salaries for Qualex Manufacturing, Lc

Qualex Manufacturing, Lc

Entity: Corporation

Industry: Sheet Metal Work Manufacturing

Location: Georgetown, KY

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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

Loan Size:


Jobs Retained:


Loan Approved:




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.

Because the loan received by Qualex Manufacturing, Lc 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 - Qualex Manufacturing, Lc in Georgetown, KY

Qualex Manufacturing, Lc
261 Triport Rd
Georgetown, KY 40324

Business Industry

Sheet Metal Work Manufacturing (NAICS code 332322)

Business Owner Demographics

Race / Ethnicity: Unreported


Veteran Status: Unreported

Congressional 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).

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.

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.

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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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