PPP Loan Data — Woodley's Fine Furniture, Longmont, CO
Woodley's Fine Furniture is a corporation located at 320 S Sunset Street in Longmont, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,598,037.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:GREAT WESTERN BANK
Woodley's Fine Furniture in Longmont, CO received a Paycheck Protection Loan of $2.6M through GREAT WESTERN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Woodley's Fine Furniture's total 2019 payroll expenses were approximately $12.47M in order to qualify for the PPP loan amount received.
Unlike most businesses, Woodley's Fine Furniture'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 - Woodley's Fine Furniture in Longmont, CO
320 S Sunset Street
Longmont, CO 80501
Furniture Stores (NAICS code 442110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CO-04
Similar Companies near Longmont
In the Longmont area, 3 businesses in the "Furniture Stores" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 0) and received an average PPP loan of $892,691 (compared to this company's $2.6M).
Similar Nearby Businesses Who Received PPP Funding:
Danish Furniture Of Colorado
Hello Furniture Co
Industry PPP Comparison Statistics
Nationwide, 10,527 businesses in the "Furniture Stores" industry received a total of $1,068,363,849.00 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 10 employees, and received an average PPP loan of $101,488, 96% lower than this company's loan of $2.6M.
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Footnotes & Information
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