PPP Loan Data — Romanoff Floor Covering, Inc., Smyrna, GA
Romanoff Floor Covering, Inc. is a sole proprietorship located at 3100 Jonquil Drive in Smyrna, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,174,800.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 413 people during the applicable loan loan period.
$ PPP Loan Information
Romanoff Floor Covering, Inc. in Smyrna, GA received a Paycheck Protection Loan of $4.17M through SONABANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Romanoff Floor Covering, Inc.'s total 2019 payroll expenses were approximately $20.04M in order to qualify for the PPP loan amount received.
Based on their reported 413 jobs retained, this equals an estimated average yearly compensation of $48,521 per employee1.
Business Information - Romanoff Floor Covering, Inc. in Smyrna, GA
3100 Jonquil Drive
Smyrna, GA 30080
Flooring Contractors (NAICS code 238330)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: GA-11
Similar Companies near Smyrna
In the Smyrna area, 2 businesses in the "Flooring Contractors" industry received a PPP loan. These local businesses reported an average of 207 employees (compared to this company's 413) and received an average PPP loan of $2,108,650 (compared to this company's $4.17M).
Similar Nearby Businesses Who Received PPP Funding:
Earl Smith Floors
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, 99% lower than Romanoff Floor Covering, Inc.'s reported 413 employees, and received an average PPP loan of $75,457, 98% lower than this company's loan of $4.17M.
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Footnotes & Information
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