PPP Loan Data — Triton Stone Group New Orleans, LLC, New Orleans, LA
Triton Stone Group New Orleans, LLC is a limited liability company (LLC) located at 6131 River Rd in New Orleans, Louisiana that received a Coronavirus-related PPP loan from the SBA of $2,986,216.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Triton Stone Group New Orleans, LLC received a Paycheck Protection Loan of $2.99M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Triton Stone Group New Orleans, LLC's total 2019 payroll expenses were approximately $14.33M in order to qualify for the PPP loan amount received.
Based on their reported 257 jobs retained, this equals an estimated average yearly compensation of $55,774 per employee1.
Business Information - Triton Stone Group New Orleans, LLC in New Orleans, LA
6131 River Rd
New Orleans, LA 70123
Cut Stone and Stone Product Manufacturing (NAICS code 327991)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: LA-01
Similar Companies near New Orleans
In the New Orleans area, 3 businesses in the "Cut Stone and Stone Product Manufacturing" industry received a PPP loan. These local businesses reported an average of 89 employees (compared to this company's 257) and received an average PPP loan of $1,016,472 (compared to this company's $2.99M).
Similar Nearby Businesses Who Received PPP Funding:
Cart Management, Inc
New Orleans, LA
DBE Management, Inc
New Orleans, LA
Industry PPP Comparison Statistics
Nationwide, 1,994 businesses in the "Cut Stone and Stone Product Manufacturing" industry received a total of $258,387,853.00 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 Triton Stone Group New Orleans, LLC's reported 257 employees, and received an average PPP loan of $129,583, 96% lower than this company's loan of $2.99M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!