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

PPP Loan Information — LATTA PLUMBING SERVICE INC

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

LATTA PLUMBING SERVICE INC

Business Type: Corporation

Industry: Plumbing, Heating, and Air-Conditioning Contractors

Location: GARDENDALE, AL

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LATTA PLUMBING SERVICE INC is a corporation located in Gardendale, Alabama that received a Coronavirus-related PPP loan from the SBA of at least $150,000.00 in April, 2020.

PPP Loan Information

Loan Size:

$150,000 to $350,000

Jobs Retained:

0

Loan Approved:

2020-04-30

Lender:

Truist Bank d/b/a Branch Banking & Trust Co

LATTA PLUMBING SERVICE INC received a Paycheck Protection Loan of between 150,000 and 350,000 through Truist Bank d/b/a Branch Banking & Trust Co, which was approved in April, 2020.

Based on standard PPP eligibility rules, LATTA PLUMBING SERVICE INC's total 2019 payroll expenses were between $720,000 and $1.68M in order to qualify for the PPP loan amount received. Unline most businesses, LATTA PLUMBING SERVICE INC did not report the number of jobs retained by their receipt of the Paycheck Protection Loan, so per-employee payrolls cannot be estimated.

Business Information - LATTA PLUMBING SERVICE INC in GARDENDALE, AL

LATTA PLUMBING SERVICE INC
333 Decatur Highway
GARDENDALE, AL 35071

Business Industry

Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)

Business Owner Demographics

Race / Ethnicity: Unanswered

Gender: Unanswered

Veteran Status: Unanswered

AL - 06

Similar Nearby Businesses Who Received PPP Funding:

PLUMCORE INC
($350,000-1 million)
D & N PLUMBING, INC.
($150,000-350,000)


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/7400-amador-llc-dublin-ca