PPP Loan Data — Velux America LLC, Greenwood, SC
Velux America LLC is a limited liability company (LLC) located at 450 Old Brickyard Road in Greenwood, South Carolina that received a Coronavirus-related PPP loan from the SBA of $4,610,827.00 in May, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WELLS FARGO BANK, NATIONAL ASSOCIATION
Velux America LLC received a Paycheck Protection Loan of $4.61M through WELLS FARGO BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.
Based on standard PPP eligibility rules, Velux America LLC's total 2019 payroll expenses were approximately $22.13M in order to qualify for the PPP loan amount received.
Unlike most businesses, Velux America LLC'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 - Velux America LLC in Greenwood, SC
450 Old Brickyard Road
Greenwood, SC 29648
Other Construction Material Merchant Wholesalers (NAICS code 423390)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: SC-03
Industry PPP Comparison Statistics
Nationwide, 2,198 businesses in the "Other Construction Material Merchant Wholesalers" industry received a total of $354,432,196.00 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, and received an average PPP loan of $161,252, 97% lower than this company's loan of $4.61M.
FederalPay's PPP Information Policy
Footnotes & Information
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