PPP Loan Data — Bethlehem Building And Remodeling, Bethlehem, CT
Bethlehem Building And Remodeling is a sole proprietorship located in Bethlehem, Connecticut that received a Coronavirus-related PPP loan from the SBA of $10,400.00 in July, 2020.
The company has reported itself as a White male owned business, and employed at least one person during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Thomaston Savings Bank
Bethlehem Building And Remodeling in Bethlehem, CT received a Paycheck Protection Loan of $10,400 through Thomaston Savings Bank, which was approved in July, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in March, 2021.
Reported PPP Proceed Usage:
On the PPP application, Bethlehem Building And Remodeling reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $10,400
Business Information - Bethlehem Building And Remodeling in Bethlehem, CT
* Full address is redacted to protect the privacy of individuals.
NAICS code 236118
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Bethlehem
In the Bethlehem area, 9 businesses in the "Residential Remodelers" industry received a PPP loan. These local businesses reported an average of 1 employees (compared to this company's 1) and received an average PPP loan of $16,602 (compared to this company's $10,400).
Similar Nearby Businesses Who Received PPP Funding:
W. M A. LLC
D C Property Maintenance LLC
Boulder Ridge Construction LLC
Knutson Construction Company LLC
Jon Rabideau Jr
Industry PPP Comparison Statistics
Nationwide, 175,017 businesses in the "Residential Remodelers" industry received a total of $5.32B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 3 employees, 200% higher than Bethlehem Building And Remodeling's reported 1 employees, and received an average PPP loan of $30,405, 192% higher than this company's loan of $10,400.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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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