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PPP Loan Data — Allied Mechanical Services, Inc.,
Kalamazoo, MI
Allied Mechanical Services, Inc.
Entity: Subchapter S Corporation
Industry: Plumbing, Heating, and Air-Conditioning Contractors
Location: Kalamazoo, MI
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Allied Mechanical Services, Inc. is a subchapter s corporation located at 5688 Ml Ave in Kalamazoo, Michigan that received a Coronavirus-related PPP loan from the SBA of $3,122,200.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
188Loan Approved:
2020-04-04Lender:
FIRST NATIONAL BANK OF MICHIGANAllied Mechanical Services, Inc. received a Paycheck Protection Loan of $3.12M through FIRST NATIONAL BANK OF MICHIGAN, which was approved in April, 2020.
Based on standard PPP eligibility rules, Allied Mechanical Services, Inc.'s total 2019 payroll expenses were approximately $14.99M in order to qualify for the PPP loan amount received.
Based on their reported 188 jobs retained, this equals an estimated average yearly compensation of $79,716 per employee1.
Business Information - Allied Mechanical Services, Inc. in Kalamazoo, MI
5688 Ml Ave
Kalamazoo, MI 49048
Business Industry
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: MI-06Similar Companies near Kalamazoo
In the Kalamazoo area, 12 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 42 employees (compared to this company's 188) and received an average PPP loan of $714,919 (compared to this company's $3.12M).
Similar Nearby Businesses Who Received PPP Funding:
Norris Services LLC
Kalamazoo, MI
R. W. Lapine, Inc.
Kalamazoo, MI
Dowagiac Heating 6; Air Conditioning, LLC
Dowagiac, MI
Helmus Plumbing Services Inc
Kalamazoo, MI
JP Heating & Air Conditioning Inc.
Kalamazoo, MI
Patterson Plumbing Services, Inc.
Kalamazoo, MI
Engineering Plus, Inc.
Kalamazoo, MI
Kalamazoo Mechanical, Inc
Kalamazoo, MI
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 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 11 employees, 94% lower than Allied Mechanical Services, Inc.'s reported 188 employees, and received an average PPP loan of $154,981, 95% lower than this company's loan of $3.12M.
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.
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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