PPP Loan Data — South Georgia Anodizing LLC, Douglas, GA
South Georgia Anodizing LLC is a limited liability company (LLC) located at 250 Roland Sahm Way in Douglas, Georgia that received a Coronavirus-related PPP loan from the SBA of $124,477.00 in April, 2020.
$ PPP Loan Information
Lender:HANCOCK WHITNEY BANK
South Georgia Anodizing LLC received a Paycheck Protection Loan of $124,477 through HANCOCK WHITNEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, South Georgia Anodizing LLC's total 2019 payroll expenses were approximately $597,490 in order to qualify for the PPP loan amount received.
Based on their reported 16 jobs retained, this equals an estimated average yearly compensation of $37,343 per employee1.
Business Information - South Georgia Anodizing LLC in Douglas, GA
250 Roland Sahm Way
Douglas, GA 31533
Other Aluminum Rolling, Drawing, and Extruding (NAICS code 331318)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-12
Similar Companies near Douglas
In the Douglas area, 2 businesses in the "Other Aluminum Rolling, Drawing, and Extruding" industry received a PPP loan. These local businesses reported an average of 111 employees (compared to this company's 16) and received an average PPP loan of $1,399,289 (compared to this company's $124,477).
Similar Nearby Businesses Who Received PPP Funding:
Elixir Extrusions LLC
Industry PPP Comparison Statistics
Nationwide, 128 businesses in the "Other Aluminum Rolling, Drawing, and Extruding" industry received a total of $74,033,868.00 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 41 employees, 156% higher than South Georgia Anodizing LLC's reported 16 employees, and received an average PPP loan of $578,390, 365% higher than this company's loan of $124,477.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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