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PPP Loan Data — Robinson Manufacturing Company, Inc.,
Dayton, TN
Robinson Manufacturing Company, Inc.
Entity: Subchapter S Corporation
Industry: Men’s and Boys’ Cut and Sew Apparel Manufacturing
Location: Dayton, TN
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Robinson Manufacturing Company, Inc. is a subchapter s corporation located at 798 Market St. in Dayton, Tennessee that received a Coronavirus-related PPP loan from the SBA of $3,761,265.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
388Loan Approved:
2020-04-07Lender:
TRUIST BANK D/B/A BRANCH BANKING & TRUST CORobinson Manufacturing Company, Inc. received a Paycheck Protection Loan of $3.76M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Robinson Manufacturing Company, Inc.'s total 2019 payroll expenses were approximately $18.05M in order to qualify for the PPP loan amount received.
Based on their reported 388 jobs retained, this equals an estimated average yearly compensation of $46,531 per employee1.
Business Information - Robinson Manufacturing Company, Inc. in Dayton, TN
798 Market St.
Dayton, TN 37321
Business Industry
Men’s and Boys’ Cut and Sew Apparel Manufacturing (NAICS code 315220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: TN-04Industry PPP Comparison Statistics
Nationwide, 633 businesses in the "Men’s and Boys’ Cut and Sew Apparel Manufacturing" industry received a total of $90,985,899.00 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 15 employees, 96% lower than Robinson Manufacturing Company, Inc.'s reported 388 employees, and received an average PPP loan of $143,738, 96% lower than this company's loan of $3.76M.
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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