PPP Loan Data — Williams Sausage Co Inc, Union City, TN
Williams Sausage Co Inc is a corporation located at 5132 Old Troy Hickman Rd in Union City, Tennessee that received a Coronavirus-related PPP loan from the SBA of $3,383,800.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 478 people during the applicable loan loan period.
$ PPP Loan Information
Lender:SECURITY BANK AND TRUST COMPANY
Williams Sausage Co Inc in Union City, TN received a Paycheck Protection Loan of $3.38M through SECURITY BANK AND TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Williams Sausage Co Inc's total 2019 payroll expenses were approximately $16.24M in order to qualify for the PPP loan amount received.
Based on their reported 478 jobs retained, this equals an estimated average yearly compensation of $33,980 per employee1.
Business Information - Williams Sausage Co Inc in Union City, TN
5132 Old Troy Hickman Rd
Union City, TN 38261
Animal (except Poultry) Slaughtering (NAICS code 311611)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: TN-08
Industry PPP Comparison Statistics
Nationwide, 372 businesses in the "Animal (except Poultry) Slaughtering" industry received a total of $86,063,230.00 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 24 employees, 95% lower than Williams Sausage Co Inc's reported 478 employees, and received an average PPP loan of $231,353, 93% lower than this company's loan of $3.38M.
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Footnotes & Information
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