How Big is Your Favorite Lighting Company?
PPP Business Loans Reveal U.S. Employee Headcount for Some of Your Favorite Lighting Manufacturers
Earlier this year, the U.S. government implemented the Paycheck Protection Program (PPP) authorizing the U.S. Small Business Administration (SBA) to back forgivable bank loans to eligible U.S. businesses in an effort to save jobs amidst the Coronavirus slow-downs and shut downs. The companies that received PPP funds are listed on the SBA website.
Receiving PPP funds was a necessary and smart move by many companies to help preserve jobs and maintain cash flow. Generally speaking, the calculated loan amounts were 2.5x the monthly payroll, not to exceed $100,000 per employee. According to SBA data, over 650,000 such loans were granted.
Paycheck Protection Program Loan Eligibility
Small business concerns affected by Coronavirus (COVID-19) that meets SBA’s size standards could apply for the loan. For the category "Electric Lighting Fixture Manufacturing" the cutoff is 500 or fewer employees.
Other factors that may affect eligibility:
- The maximum tangible net worth of the applicant is not more than $15,000,000; and
- The average net income after Federal income taxes (excluding any carry-over losses) of the applicant for the 2 full fiscal years before the date of the application is not more than $5,000,000.
Assessing the Headcount Numbers
The numbers cited are self-reported by the company. The SBA published this data along with the size of the loan (by range) and the lending institution. If you want to dig deeper into a certain company's data, it's available on the sba.gov website.
Extracting revenue estimates from headcount stats is not easy. There is no universal rule of thumb. The missing key variable, Revenue per Employee, varies greatly throughout the industry. Evaluating businesses by employee headcount is not the same as ranking by revenue, although headcounts do give us a window of indicators that help us gauge relative size. Items that can impact Revenue per Employee include:
In-house vs. Third Party Manufacturing: If a company's products are manufactured by contract manufacturers, the absence of factory workers on the payroll will likely make that company's revenue per employee metric greater than another company that employs dozens of US-based factory workers.
Maturity of company: A younger company still hiring new positions would likely have lower revenue per employee compared to adequately staffed and producing mature companies.
Overseas headquarters: Some companies are US operations with an overseas (or Canadian) headquarters. (i.e. Targetti, WE-EF, Lumenwerx, ERCO and iGuzzini)
Some lighting companies like Ecosense, LF Illumination, Nulite and Legion Lighting received PPP funds, but their employee headcounts were not included in SBA data.
Business | Location | Jobs Reported |
ACCLAIM LIGHTING LLC | COMMERCE, CA | 19 |
ADURA LED SOLUTIONS LLC | CORONA, CA | 18 |
ALEDDRA INC | RENTON, WA | 10 |
ALTMAN STAGE LIGHTING CO., | YONKERS, NY | 71 |
ARTEMIDE INC. | Hicksville, NY | 21 |
ATLANTIC LIGHTING, INC. | FALL RIVER, MA | 460 |
AVI-ON LABS INC | PARK CITY, UT | 10 |
BARRON LIGHTING GROUP, INC. | GLENDALE, AZ | 101 |
BARTCO LIGHTING, INC. | HUNTINGTON BEACH, CA | 63 |
BASE LITE CORPORATION | CHINO, CA | 42 |
BEGA NORTH AMERICA, INC. | CARPINTERIA, CA | 160 |
BEGHELLI INC. | Miramar, FL | 39 |
B-K LIGHTING INC | MADERA, CA | 116 |
BOCA FLASHER, INC. | DEERFIELD BEACH, FL | 42 |
BOYD LIGHTING FIXTURE COMPANY | SAUSALITO, CA | 33 |
CAMMAN INDUSTRIES INC | DERRY, PA | 38 |
CORDELIA LIGHTING INC. | COMPTON, CA | 31 |
DESIGNPLAN LIGHTING, INC. | FRENCHTOWN, NJ | 23 |
DMF, INC. | Carson, CA | 92 |
ECLIPSE LIGHTING, INC. | SCHILLER PARK, IL | 36 |
EIKO GLOBAL LLC | Shawnee, KS | 89 |
ELECTRIX, LLC | NEW HAVEN, CT | 38 |
ELITE LIGHTING CORP | COMMERCE, CA | 215 |
ENERGY FOCUS, INC. | SOLON, OH | 51 |
ERCO LIGHTING INC. | EDISON, NJ | 16 |
ESPEN TECHNOLOGY, INC | SANTA FE SPRINGS, CA | 38 |
ETI SOLID STATE LIGHTING INC. | Wheeling, IL | 36 |
EVENLITE INCORPORATED | FEASTERVILLE TREVOSE, PA | 66 |
EVOLUTION LIGHTING, LLC | PEMBROKE PINES, FL | 71 |
FEELUX LIGHTING INC | PEACHTREE CORNERS, GA | 15 |
FOCUS INDUSTRIES INC | Lake Forest, CA | 75 |
FULHAM CO., INC. | HAWTHORNE, CA | 42 |
GAMMALUX LIGHTING SYSTEMS INC | SAN DIMAS, CA | 39 |
GOOD EARTH LIGHTING, INC. | MOUNT PROSPECT, IL | 28 |
HAMMERTON, INC. | SALT LAKE CITY, UT | 143 |
HESSAMERICA | GAFFNEY, SC | 66 |
HI-LITE MANUFACTURING CO. INC. | CHINO, CA | 78 |
HUBBARDTON FORGE LLC | CASTLETON, VT | 232 |
IGUZZINI LIGHTING USA, LTD. | NEW YORK, NY | 11 |
ILIGHT TECHNOLOGIES, INC | CHICAGO, IL | 18 |
INTER-LUX, LLC | Arbutus, MD | 63 |
ISOLITE CORPORATION | BERWYN, PA | 18 |
JESCO LIGHTING GROUP, LLC | PORT WASHINGTON, NY | 51 |
JUSTICE DESIGN GROUP LLC | LOS ANGELES, CA | 43 |
KLUS LLC | Vero Beach, FL | 20 |
KURTZON LIGHTING, INC. | CHICAGO, IL | 19 |
KUZCO LIGHTING LLC | N Las Vegas, NV | 17 |
L.A. LIGHTING | EL MONTE, CA | 111 |
LEDVANCE LLC | WILMINGTON, MA | 430 |
LIGHTING SERVICES INC | STONY POINT, NY | 107 |
LINMORE LED LABS, INC. | FRESNO, CA | 58 |
LLI ARCHITECTURAL LIGHTING LLC | BUFFALO GROVE, IL | 20 |
LUCIFER LIGHTING COMPANY | SAN ANTONIO, TX | 136 |
LUMAX INDUSTRIES, INC. | ALTOONA, PA | 43 |
LUMENFOCUS, LLC | HENDERSON, NC | 35 |
LUMENWERX US, INC. | Brooklyn, NY | 10 |
LUMETTA INC. | WARWICK, RI | 40 |
LUMINII LLC | NILES, IL | 116 |
LUMINUS INC. | SUNNYVALE, CA | 59 |
LUM-TECH LIGHTING INC | Moorestown, NJ | 17 |
LUXTECH, LLC | PHILADELPHIA, PA | 16 |
MANNING LIGHTING INC. | SHEBOYGAN, WI | 25 |
MAXIM LIGHTING INTERNATIONAL, INC. | CITY OF INDUSTRY, CA | 121 |
MAXLITE INC | WEST CALDWELL, NJ | 149 |
MCFADDEN LIGHTING CO INC | ST LOUIS, MO | 11 |
MERCURY LIGHTING PRODUCTS CO INC | FAIRFIELD, NJ | 86 |
MINKA LIGHTING INC | CORONA, CA | 220 |
NICOR, INC. | ALBUQUERQUE, NM | 95 |
NLS LIGHTING, LLC | CARSON, CA | 76 |
NORA LIGHTING, INC | COMMERCE, CA | 143 |
PEACHTREE LIGHTING, LLC | COVINGTON, GA | 13 |
PHOENIX PRODUCTS LLC | Milwaukee, WI | 97 |
PICASSO LIGHTING INDUSTRIES LLC | KEARNY, NJ | 28 |
PMC LIGHTING INC. | WARWICK, RI | 48 |
PRUDENTIAL LIGHTING CORP | Los Angeles, CA | 235 |
PUREEDGE LIGHTING LLC | Chicago, IL | 73 |
QTRAN, INC. | MILFORD, CT | 72 |
RAB LIGHTING INC | NORTHVALE, NJ | 390 |
RAMBUSCH DECORATING COMPANY | Jersey City, NJ | 20 |
RAYON LIGHTING GROUP INC | Los Angeles, CA | 21 |
REGGIANI LIGHTING USA INC | Carlstadt, NJ | 28 |
SOLATUBE INTERNATIONAL, INC | Vista, CA | 162 |
SPECIALTY LIGHTING INDUSTRIES INC. | OCEAN, NJ | 23 |
SPECTRUM LIGHTING INC | FALL RIVER, MA | 260 |
SPI LIGHTING, INC | MEQUON, WI | 120 |
STARFIRE LIGHTING INC | Wood-Ridge, NJ | 65 |
STERNBERG LANTERNS, INC. | ROSELLE, IL | 110 |
STRUCTURA, INC. | LENEXA, KS | 24 |
TARGETTI USA INC | COSTA MESA, CA | 34 |
TEGAN LIGHTING | SAN RAFAEL, CA | 11 |
TEMPO INDUSTRIES LLC | IRVINE, CA | 72 |
THE KIRLIN COMPANY | DETROIT, MI | 36 |
THE LIGHTING QUOTIENT / ELLIPTIPAR | WEST HAVEN, CT | 58 |
TIMES SQUARE STAGE LIGHTING | STONY POINT, NY | 29 |
TIVOLI, LLC | TUSTIN, CA | 52 |
TOPAZ LIGHTING CORP. | HOLTSVILLE, NY | 219 |
TROY-CSL LIGHTING, INC. | City of Industry, CA | 109 |
TRULY GREEN SOLUTIONS, LLC | Chatsworth, CA | 15 |
U.S. ARCHITECTURAL / SUN VALLEY | Palmdale, CA | 147 |
USAI, LLC | NEW WINDSOR, NY | 227 |
VISTA MANUFACTURING, INC. | ELKHART, IN | 63 |
VODE LIGHTING, LLC | Sonoma, CA | 20 |
WALDMANN LIGHTING CO | WHEELING, IL | 28 |
WE EF LIGHTING USA LLC | WARRENDALE, PA | 24 |
XTRALIGHT MANUFACTURING, LTD. | Houston, TX | 49 |
ZANIBONI LIGHTING, LLC | CLEARWATER, FL | 16 |
Don’t miss the next big lighting story…Click here to subscribe to the inside.lighting InfoLetter |