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PPP Loan Data — Blaine Brothers Maintenance, Inc.,
Minneapolis, MN
Blaine Brothers Maintenance, Inc.
Entity: Corporation
Industry: General Automotive Repair
Location: Minneapolis, MN
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Blaine Brothers Maintenance, Inc. is a corporation located at 10011 Xylite Street Ne in Minneapolis, Minnesota that received a Coronavirus-related PPP loan from the SBA of $2,754,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 189 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
189Loan Approved:
2020-04-09Lender:
OLD NATIONAL BANKBlaine Brothers Maintenance, Inc. in Minneapolis, MN received a Paycheck Protection Loan of $2.75M through OLD NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Blaine Brothers Maintenance, Inc.'s total 2019 payroll expenses were approximately $13.22M in order to qualify for the PPP loan amount received.
Based on their reported 189 jobs retained, this equals an estimated average yearly compensation of $69,943 per employee1.
Business Information - Blaine Brothers Maintenance, Inc. in Minneapolis, MN
10011 Xylite Street Ne
Minneapolis, MN 55449
Business Industry
General Automotive Repair (NAICS code 811111)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: MN-06Similar Companies near Minneapolis
In the Minneapolis area, 12 businesses in the "General Automotive Repair" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 189) and received an average PPP loan of $311,075 (compared to this company's $2.75M).
Similar Nearby Businesses Who Received PPP Funding:
Auto Air And Accesories, Inc.
Minneapolis, MN
Service Garage, Inc.
Blaine, MN
Dan's Complete Automotive Care Inc
Blaine, MN
Family Auto Towing Inc
Blaine, MN
Master Repair, Inc.
Blaine, MN
R P Auto Service, Inc.
Minneapolis, MN
Complete Auto Service Blaine Inc.
Minneapolis, MN
Kolstad Company, Inc.
Blaine, MN
Industry PPP Comparison Statistics
Nationwide, 53,447 businesses in the "General Automotive Repair" industry received a total of $2,671,701,258.00 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 5 employees, 97% lower than Blaine Brothers Maintenance, Inc.'s reported 189 employees, and received an average PPP loan of $49,988, 98% lower than this company's loan of $2.75M.
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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