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PPP Loan Data — Blakeslee Prestress Inc, Branford, CT

SBA PPP loan data, payroll data, and salaries for Blakeslee Prestress Inc

Blakeslee Prestress Inc

Entity: Subchapter S Corporation

Industry: Other Concrete Product Manufacturing

Location: Branford, CT

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Blakeslee Prestress Inc is a subchapter s corporation located at 25 Mcdermott Road Po Box 510 in Branford, Connecticut that received a Coronavirus-related PPP loan from the SBA of $2,515,100.00 in April, 2020.

$ PPP Loan Information

Loan Size:


Jobs Retained:

0 Unreported

Loan Approved:




Blakeslee Prestress Inc in Branford, CT received a Paycheck Protection Loan of $2.52M through CITIZENS BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Blakeslee Prestress Inc's total 2019 payroll expenses were approximately $12.07M in order to qualify for the PPP loan amount received.

Unlike most businesses, Blakeslee Prestress 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.

Because the loan received by Blakeslee Prestress Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Blakeslee Prestress Inc in Branford, CT

Blakeslee Prestress Inc
25 Mcdermott Road Po Box 510
Branford, CT 06405

Business Industry

Other Concrete Product Manufacturing (NAICS code 327390)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CT-03

Industry PPP Comparison Statistics

Nationwide, 1,005 businesses in the "Other Concrete Product Manufacturing" industry received a total of $284,964,400.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.

PPP recipients in this industry report an average of 22 employees, and received an average PPP loan of $283,547, 89% lower than this company's loan of $2.52M.

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.

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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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** This Document Provided By - The Civil Employee's Resource **