PPP Loan Data — Any Hour Inc, Orem, UT
Any Hour Inc
Location: Orem, UTTweet This • Search All PPP Data
Any Hour Inc is a corporation located at 1374 West 130 South in Orem, Utah that received a Coronavirus-related PPP loan from the SBA of $3,251,800.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 238 people during the applicable loan loan period.
$ PPP Loan Information
Any Hour Inc received a Paycheck Protection Loan of $3.25M through MEADOWS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Any Hour Inc's total 2019 payroll expenses were approximately $15.61M in order to qualify for the PPP loan amount received.
Based on their reported 238 jobs retained, this equals an estimated average yearly compensation of $65,583 per employee1.
Business Information - Any Hour Inc in Orem, UT
1374 West 130 South
Orem, UT 84058
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: UT-03
Similar Companies near Orem
In the Orem area, 19 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 238) and received an average PPP loan of $288,247 (compared to this company's $3.25M).
Similar Nearby Businesses Who Received PPP Funding:
JP Cooling And Heating, LLC
Authority Heating And Cooling LLC
CSA Heating And Air, LLC
DCD Plumbing Inc
Best Time Home Service Inc.
Boehner Plumbing Co
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, 95% lower than Any Hour Inc's reported 238 employees, and received an average PPP loan of $154,981, 95% lower than this company's loan of $3.25M.
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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