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PPP Loan Data — Smith Douglas Holdings LLC,
Woodstock, GA
Smith Douglas Holdings LLC
Entity: Limited Liability Company (LLC)
Industry: New Single-Family Housing Construction (except For-Sale Builders)
Location: Woodstock, GA
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Smith Douglas Holdings LLC is a limited liability company (LLC) located at 110 Village Trl in Woodstock, Georgia that received a Coronavirus-related PPP loan from the SBA of $5,141,400.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
287Loan Approved:
2020-04-29Lender:
REGIONS BANKSmith Douglas Holdings LLC in Woodstock, GA received a Paycheck Protection Loan of $5.14M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Smith Douglas Holdings LLC's total 2019 payroll expenses were approximately $24.68M in order to qualify for the PPP loan amount received.
Based on their reported 287 jobs retained, this equals an estimated average yearly compensation of $85,989 per employee1.
Business Information - Smith Douglas Holdings LLC in Woodstock, GA
110 Village Trl
Woodstock, GA 30188
Business Industry
New Single-Family Housing Construction (except For-Sale Builders) (NAICS code 236115)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: GA-11Similar Companies near Woodstock
In the Woodstock area, 30 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 14 employees (compared to this company's 287) and received an average PPP loan of $251,771 (compared to this company's $5.14M).
Similar Nearby Businesses Who Received PPP Funding:
Piedmont Residential LLC
Woodstock, GA
Robinson Residential Construction, LLC
Woodstock, GA
Charles Niles
Winston, GA
Franklin Home Services, LLC
Woodstock, GA
Tracey Ann Boltres
Woodstock, GA
Firelight Homes
Woodstock, GA
LK Construction Group, LLC
Woodstock, GA
Glenn Construction, LLC
Woodstock, GA
Advanced Systems, Inc.
Woodstock, GA
Industry PPP Comparison Statistics
Nationwide, 64,726 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a total of $3,790,773,096.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than Smith Douglas Holdings LLC's reported 287 employees, and received an average PPP loan of $58,566, 99% lower than this company's loan of $5.14M.
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, 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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