PPP Loan Data — Turner Furniture Holding Corp, Thomasville, GA
Turner Furniture Holding Corp is a corporation located at 317 Industrial Blvd in Thomasville, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,457,000.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 417 people during the applicable loan loan period.
$ PPP Loan Information
Lender:THOMASVILLE NATIONAL BANK
Turner Furniture Holding Corp in Thomasville, GA received a Paycheck Protection Loan of $3.46M through THOMASVILLE NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Turner Furniture Holding Corp's total 2019 payroll expenses were approximately $16.59M in order to qualify for the PPP loan amount received.
Based on their reported 417 jobs retained, this equals an estimated average yearly compensation of $39,793 per employee1.
Business Information - Turner Furniture Holding Corp in Thomasville, GA
317 Industrial Blvd
Thomasville, GA 31799
Offices of Other Holding Companies (NAICS code 551112)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: GA-08
Industry PPP Comparison Statistics
Nationwide, 7,606 businesses in the "Offices of Other Holding Companies" industry received a total of $1,222,968,235.00 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, 97% lower than Turner Furniture Holding Corp's reported 417 employees, and received an average PPP loan of $160,790, 95% lower than this company's loan of $3.46M.
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Footnotes & Information
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