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

PPP Loan Data — ACMiller Concrete Products, Inc, Spring City, PA

SBA PPP loan data, payroll data, and salaries for ACMiller Concrete Products, Inc
PA

ACMiller Concrete Products, Inc

Entity: Subchapter S Corporation

Industry: Other Concrete Product Manufacturing

Location: Spring City, PA

Search All PPP Data

ACMiller Concrete Products, Inc is a subchapter s corporation located at 31 E Bridge Street in Spring City, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $2,618,060.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.62M

Jobs Retained:

216

Loan Approved:

2020-04-15

Lender:

MANUFACTURERS AND TRADERS TRUST COMPANY

ACMiller Concrete Products, Inc in Spring City, PA received a Paycheck Protection Loan of $2.62M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.

Based on standard PPP eligibility rules, ACMiller Concrete Products, Inc's total 2019 payroll expenses were approximately $12.57M in order to qualify for the PPP loan amount received.

Based on their reported 216 jobs retained, this equals an estimated average yearly compensation of $58,179 per employee1.

Because the loan received by ACMiller Concrete Products, Inc 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 - ACMiller Concrete Products, Inc in Spring City, PA

ACMiller Concrete Products, Inc
31 E Bridge Street
Spring City, PA 19475

Business Industry

Other Concrete Product Manufacturing (NAICS code 327390)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: PA-06

Industry PPP Comparison Statistics

Nationwide, 1,005 businesses in the "Other Concrete Product Manufacturing" industry received a total of $284,964,400.00 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 22 employees, 90% lower than ACMiller Concrete Products, Inc's reported 216 employees, and received an average PPP loan of $283,547, 89% lower than this company's loan of $2.62M.

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, and is published unmodified, as provided by the SBA.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/acmiller-concrete-products-inc-spring-city-pa