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PPP Loan Data — Acme Barricades, Lc, Jacksonville, FL

SBA PPP loan data, payroll data, and salaries for Acme Barricades, Lc
FL

Acme Barricades, Lc

Entity: Limited Liability Company (LLC)

Industry: Other Commercial and Industrial Machinery and Equipment Rental and Leasing

Location: Jacksonville, FL

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Acme Barricades, Lc is a limited liability company (LLC) located at 9800 Normandy Blvd in Jacksonville, Florida that received a Coronavirus-related PPP loan from the SBA of $3,413,500.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.41M

Jobs Retained:

319

Loan Approved:

2020-04-08

Lender:

TRUIST BANK D/B/A BRANCH BANKING & TRUST CO

Acme Barricades, Lc received a Paycheck Protection Loan of $3.41M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.

Based on standard PPP eligibility rules, Acme Barricades, Lc's total 2019 payroll expenses were approximately $16.38M in order to qualify for the PPP loan amount received.

Based on their reported 319 jobs retained, this equals an estimated average yearly compensation of $51,363 per employee1.

Because the loan received by Acme Barricades, Lc 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 - Acme Barricades, Lc in Jacksonville, FL

Acme Barricades, Lc
9800 Normandy Blvd
Jacksonville, FL 32221

Business Industry

Other Commercial and Industrial Machinery and Equipment Rental and Leasing (NAICS code 532490)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: FL-05

Industry PPP Comparison Statistics

Nationwide, 4,159 businesses in the "Other Commercial and Industrial Machinery and Equipment Rental and Leasing" industry received a total of $707,533,609.00 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 13 employees, 96% lower than Acme Barricades, Lc's reported 319 employees, and received an average PPP loan of $170,121, 95% lower than this company's loan of $3.41M.

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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/acme-barricades-lc-jacksonville-fl