PPP Loan Data — Wilson Lumber Company Inc, Huntsville, AL
Wilson Lumber Company Inc
Entity: Subchapter S Corporation
Location: Huntsville, ALTweet This • Search All PPP Data
Wilson Lumber Company Inc is a subchapter s corporation located at 4818 Meridian St in Huntsville, Alabama that received a Coronavirus-related PPP loan from the SBA of $2,695,368.00 in April, 2020.
$ PPP Loan Information
Wilson Lumber Company Inc in Huntsville, AL received a Paycheck Protection Loan of $2.7M through BBVA USA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Wilson Lumber Company Inc's total 2019 payroll expenses were approximately $12.94M in order to qualify for the PPP loan amount received.
Based on their reported 305 jobs retained, this equals an estimated average yearly compensation of $42,419 per employee1.
Business Information - Wilson Lumber Company Inc in Huntsville, AL
4818 Meridian St
Huntsville, AL 35811
Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers (NAICS code 423310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AL-05
Similar Companies near Huntsville
In the Huntsville area, 3 businesses in the "Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers" industry received a PPP loan. These local businesses reported an average of 120 employees (compared to this company's 305) and received an average PPP loan of $1,012,169 (compared to this company's $2.7M).
Similar Nearby Businesses Who Received PPP Funding:
L & L Lumber Company Inc
Industry PPP Comparison Statistics
Nationwide, 4,016 businesses in the "Lumber, Plywood, Millwork, and Wood Panel Merchant Wholesalers" industry received a total of $905,412,517.00 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 17 employees, 94% lower than Wilson Lumber Company Inc's reported 305 employees, and received an average PPP loan of $225,451, 92% lower than this company's loan of $2.7M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!