PPP Loan Data — American Piping Inspection, In, Tulsa, OK
American Piping Inspection, In
Location: Tulsa, OKTweet This • Search All PPP Data
American Piping Inspection, In is a corporation located at 17110 E Pine in Tulsa, Oklahoma that received a Coronavirus-related PPP loan from the SBA of $6,508,500.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 344 people during the applicable loan loan period.
$ PPP Loan Information
American Piping Inspection, In in Tulsa, OK received a Paycheck Protection Loan of $6.51M through SECURITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, American Piping Inspection, In's total 2019 payroll expenses were approximately $31.24M in order to qualify for the PPP loan amount received.
Based on their reported 344 jobs retained, this equals an estimated average yearly compensation of $90,816 per employee1.
Business Information - American Piping Inspection, In in Tulsa, OK
17110 E Pine
Tulsa, OK 74037
Electrical Contractors and Other Wiring Installation Contractors (NAICS code 238210)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: OK-01
Similar Companies near Tulsa
In the Tulsa area, 4 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a PPP loan. These local businesses reported an average of 101 employees (compared to this company's 344) and received an average PPP loan of $1,750,113 (compared to this company's $6.51M).
Similar Nearby Businesses Who Received PPP Funding:
Graham Electric Company
Industry PPP Comparison Statistics
Nationwide, 44,489 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a total of $8,060,101,877.00 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 12 employees, 97% lower than American Piping Inspection, In's reported 344 employees, and received an average PPP loan of $181,171, 97% lower than this company's loan of $6.51M.
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.
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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