PPP Loan Data — Samet Corporation, Greensboro, NC
Entity: Subchapter S Corporation
Location: Greensboro, NCTweet This • Search All PPP Data
Samet Corporation is a subchapter s corporation located at 309 Gallimore Dairy Road in Greensboro, North Carolina that received a Coronavirus-related PPP loan from the SBA of $4,425,800.00 in April, 2020.
$ PPP Loan Information
Samet Corporation in Greensboro, NC received a Paycheck Protection Loan of $4.43M through PINNACLE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Samet Corporation's total 2019 payroll expenses were approximately $21.24M in order to qualify for the PPP loan amount received.
Based on their reported 240 jobs retained, this equals an estimated average yearly compensation of $88,516 per employee1.
Business Information - Samet Corporation in Greensboro, NC
309 Gallimore Dairy Road
Greensboro, NC 27419
Commercial and Institutional Building Construction (NAICS code 236220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-13
Industry PPP Comparison Statistics
Nationwide, 39,925 businesses in the "Commercial and Institutional Building Construction" industry received a total of $8,114,153,480.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 13 employees, 95% lower than Samet Corporation's reported 240 employees, and received an average PPP loan of $203,235, 95% lower than this company's loan of $4.43M.
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Footnotes & Information
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