PPP Loan Data — Redi-Floors, Inc., Marietta, GA
Redi-Floors, Inc. is a subchapter s corporation located at 1791 Williams Drive in Marietta, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,444,700.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Redi-Floors, Inc. in Marietta, GA received a Paycheck Protection Loan of $4.44M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Redi-Floors, Inc.'s total 2019 payroll expenses were approximately $21.33M in order to qualify for the PPP loan amount received.
Based on their reported 390 jobs retained, this equals an estimated average yearly compensation of $54,704 per employee1.
Business Information - Redi-Floors, Inc. in Marietta, GA
1791 Williams Drive
Marietta, GA 30066
Flooring Contractors (NAICS code 238330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-11
Similar Companies near Marietta
In the Marietta area, 7 businesses in the "Flooring Contractors" industry received a PPP loan. These local businesses reported an average of 62 employees (compared to this company's 390) and received an average PPP loan of $697,312 (compared to this company's $4.44M).
Similar Nearby Businesses Who Received PPP Funding:
JSJ Partners, LLC
RJD Tile LLC
Fresh Floors, Inc.
Redd Wood Floors, LLC
Industry PPP Comparison Statistics
Nationwide, 11,459 businesses in the "Flooring Contractors" industry received a total of $864,656,941.00 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 6 employees, 98% lower than Redi-Floors, Inc.'s reported 390 employees, and received an average PPP loan of $75,457, 98% lower than this company's loan of $4.44M.
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Footnotes & Information
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