PPP Loan Data — TIE Down Inc, Atlanta, GA
TIE Down Inc is a subchapter s corporation located at 605 Stonehill Dr Sw in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,777,200.00 in April, 2020.
$ PPP Loan Information
TIE Down Inc received a Paycheck Protection Loan of $2.78M through REGIONS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, TIE Down Inc's total 2019 payroll expenses were approximately $13.33M in order to qualify for the PPP loan amount received.
Based on their reported 265 jobs retained, this equals an estimated average yearly compensation of $50,304 per employee1.
Business Information - TIE Down Inc in Atlanta, GA
605 Stonehill Dr Sw
Atlanta, GA 30336
All Other Miscellaneous Manufacturing (NAICS code 339999)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-05
Similar Companies near Atlanta
In the Atlanta area, 7 businesses in the "All Other Miscellaneous Manufacturing" industry received a PPP loan. These local businesses reported an average of 43 employees (compared to this company's 265) and received an average PPP loan of $486,316 (compared to this company's $2.78M).
Similar Nearby Businesses Who Received PPP Funding:
DT Global Trading LLC
Dorien Investment Group, Inc.
GEN Pro Inc
College Park, GA
Century Systems, Inc.
The Closet Envy LLC
American Decor Inc
Industry PPP Comparison Statistics
Nationwide, 8,697 businesses in the "All Other Miscellaneous Manufacturing" industry received a total of $1,285,606,911.00 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 12 employees, 95% lower than TIE Down Inc's reported 265 employees, and received an average PPP loan of $147,822, 95% lower than this company's loan of $2.78M.
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