PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Information — BRICE, INCORPORATED

SBA PPP loan data, payroll data, and salaries for
AK

BRICE, INCORPORATED

Business Type: Corporation

Industry: Highway, Street, and Bridge Construction

Location: FAIRBANKS, AK

Search PPP Data

BRICE, INCORPORATED is a corporation located in Fairbanks, Alaska that received a Coronavirus-related PPP loan from the SBA of at least $1,000,000.00 in April, 2020.

PPP Loan Information

Loan Size:

$1M to $2M
Likely Actual Range:
$1M to $1.27M

Jobs Retained:

61

Loan Approved:

2020-04-16

Lender:

Mt. McKinley Bank

BRICE, INCORPORATED received a Paycheck Protection Loan of between 1M and 2M through Mt. McKinley Bank, which was approved in April, 2020.

When accounting for 61 claimed employees and the PPP salary cap of $100k per employee, the actual maximum PPP received by this business is likely $1.27M2.

Based on standard PPP eligibility rules, BRICE, INCORPORATED's total 2019 payroll expenses were between $4.8M and $6.1M+ in order to qualify for the PPP loan amount received. Based on their reported 61 jobs retained, this equals an estimated average yearly compensation between $78,689 and $100,000+ per employee1.

Business Information - BRICE, INCORPORATED in FAIRBANKS, AK

BRICE, INCORPORATED
590 University Ave Ste. 200
FAIRBANKS, AK 99709

Business Industry

Highway, Street, and Bridge Construction (NAICS code 237310)

Business Owner Demographics

Race / Ethnicity: Unanswered

Gender: Unanswered

Veteran Status: Unanswered

AK - 00

Similar Nearby Businesses Who Received PPP Funding:

GREAT NORTHWEST, INC.
($2-5 million)


Employee Statistics

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for private companies that received a PPP loan of $150,000 or over. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.


Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/100-percent-concrete-inc-salida-ca