PPP Loan Data — Treadmaxx Tire Distributors, Inc., Ellenwood, GA
Treadmaxx Tire Distributors, Inc. is a subchapter s corporation located at 2832 Anvil Block Rd in Ellenwood, Georgia that received a Coronavirus-related PPP loan from the SBA of $4,549,798.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Treadmaxx Tire Distributors, Inc. received a Paycheck Protection Loan of $4.55M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Treadmaxx Tire Distributors, Inc.'s total 2019 payroll expenses were approximately $21.84M in order to qualify for the PPP loan amount received.
Unlike most businesses, Treadmaxx Tire Distributors, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Treadmaxx Tire Distributors, Inc. in Ellenwood, GA
2832 Anvil Block Rd
Ellenwood, GA 30294
Tire and Tube Merchant Wholesalers (NAICS code 423130)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: GA-05
Industry PPP Comparison Statistics
Nationwide, 818 businesses in the "Tire and Tube Merchant Wholesalers" industry received a total of $131,286,804.00 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 14 employees, and received an average PPP loan of $160,497, 96% lower than this company's loan of $4.55M.
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Footnotes & Information
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