PPP Loan Data — AMI Mechanical Inc, Thornton, CO
AMI Mechanical Inc
Entity: Subchapter S Corporation
Location: Thornton, COTweet This • Search All PPP Data
AMI Mechanical Inc is a subchapter s corporation located at 12141 Pennsylvania St in Thornton, Colorado that received a Coronavirus-related PPP loan from the SBA of $2,814,664.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:TBK BANK, SSB
AMI Mechanical Inc received a Paycheck Protection Loan of $2.81M through TBK BANK, SSB, which was approved in April, 2020.
Based on standard PPP eligibility rules, AMI Mechanical Inc's total 2019 payroll expenses were approximately $13.51M in order to qualify for the PPP loan amount received.
Unlike most businesses, AMI Mechanical Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - AMI Mechanical Inc in Thornton, CO
12141 Pennsylvania St
Thornton, CO 80241
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CO-07
Similar Companies near Thornton
In the Thornton area, 12 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 9 employees (compared to this company's 0) and received an average PPP loan of $397,008 (compared to this company's $2.81M).
Similar Nearby Businesses Who Received PPP Funding:
Eagle Crest Enterprises
All Climate Systems
Impact Heating And Cooling Inc
VO Heating And Cooling
Precise Mechanical Services Inc
Brothers Plumbing & Heating, Inc.
AMI Mechanical Systems Inc
PPL Service Inc.
PHI Plumbing Inc
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, and received an average PPP loan of $154,981, 94% lower than this company's loan of $2.81M.
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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