PPP Loan Data — Sleepmed Incorporated, Smyrna, GA
Location: Smyrna, GATweet This • Search All PPP Data
Sleepmed Incorporated is a corporation located at 1900 Lake Park Drive Se, Suite 325 in Smyrna, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,854,995.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF THE WEST
Sleepmed Incorporated received a Paycheck Protection Loan of $3.85M through BANK OF THE WEST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sleepmed Incorporated's total 2019 payroll expenses were approximately $18.5M in order to qualify for the PPP loan amount received.
Based on their reported 382 jobs retained, this equals an estimated average yearly compensation of $48,440 per employee1.
Business Information - Sleepmed Incorporated in Smyrna, GA
1900 Lake Park Drive Se, Suite 325
Smyrna, GA 30080
Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers (NAICS code 423450)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-11
Similar Companies near Smyrna
In the Smyrna area, 2 businesses in the "Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 192 employees (compared to this company's 382) and received an average PPP loan of $1,931,748 (compared to this company's $3.85M).
Similar Nearby Businesses Who Received PPP Funding:
AMB Medical, Inc.
Industry PPP Comparison Statistics
Nationwide, 8,635 businesses in the "Medical, Dental, and Hospital Equipment and Supplies Merchant Wholesalers" industry received a total of $1,055,539,669.00 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 9 employees, 98% lower than Sleepmed Incorporated's reported 382 employees, and received an average PPP loan of $122,240, 97% lower than this company's loan of $3.85M.
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Footnotes & Information
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