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PPP Loan Data — Absher Construction Co., Puyallup, WA

SBA PPP loan data, payroll data, and salaries for Absher Construction Co.

Absher Construction Co.

Entity: Corporation

Industry: Commercial and Institutional Building Construction

Location: Puyallup, WA

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Absher Construction Co. is a corporation located at 1001 Shaw Road in Puyallup, Washington that received a Coronavirus-related PPP loan from the SBA of $6,047,729.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 320 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Absher Construction Co. received a Paycheck Protection Loan of $6.05M through WASHINGTON FEDERAL BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Absher Construction Co.'s total 2019 payroll expenses were approximately $29.03M in order to qualify for the PPP loan amount received.

Based on their reported 320 jobs retained, this equals an estimated average yearly compensation of $90,716 per employee1.

Because the loan received by Absher Construction Co. is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Absher Construction Co. in Puyallup, WA

Absher Construction Co.
1001 Shaw Road
Puyallup, WA 98372

Business Industry

Commercial and Institutional Building Construction (NAICS code 236220)

Business Owner Demographics

Race / Ethnicity: Unreported


Veteran Status: Unreported

Congressional District: WA-10

Similar Companies near Puyallup

In the Puyallup area, 8 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 43 employees (compared to this company's 320) and received an average PPP loan of $796,971 (compared to this company's $6.05M).

Industry PPP Comparison Statistics

Nationwide, 39,925 businesses in the "Commercial and Institutional Building Construction" industry received a total of $8,114,153,480.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.

PPP recipients in this industry report an average of 13 employees, 96% lower than Absher Construction Co.'s reported 320 employees, and received an average PPP loan of $203,235, 97% lower than this company's loan of $6.05M.

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.

All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA.

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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.

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** This Document Provided By - The Civil Employee's Resource **