PPP Loan Data — Scepter, Inc., Waverly, TN
Scepter, Inc. is a subchapter s corporation located at 1485 Scepter Ln in Waverly, Tennessee that received a Coronavirus-related PPP loan from the SBA of $3,397,400.00 in April, 2020.
$ PPP Loan Information
Scepter, Inc. in Waverly, TN received a Paycheck Protection Loan of $3.4M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Scepter, Inc.'s total 2019 payroll expenses were approximately $16.31M in order to qualify for the PPP loan amount received.
Based on their reported 291 jobs retained, this equals an estimated average yearly compensation of $56,040 per employee1.
Business Information - Scepter, Inc. in Waverly, TN
1485 Scepter Ln
Waverly, TN 37185
Secondary Smelting and Alloying of Aluminum (NAICS code 331314)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TN-07
Industry PPP Comparison Statistics
Nationwide, 46 businesses in the "Secondary Smelting and Alloying of Aluminum" industry received a total of $38,193,131.00 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 62 employees, 79% lower than Scepter, Inc.'s reported 291 employees, and received an average PPP loan of $830,285, 76% lower than this company's loan of $3.4M.
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Footnotes & Information
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