PPP Loan Data — Bruns Construction Enterprises, Inc., Saint Henry, OH
Bruns Construction Enterprises, Inc.
Entity: Subchapter S Corporation
Location: Saint Henry, OHTweet This • Search All PPP Data
Bruns Construction Enterprises, Inc. is a subchapter s corporation located at 1429 Cranberry Rd in Saint Henry, Ohio that received a Coronavirus-related PPP loan from the SBA of $2,812,060.00 in April, 2020.
$ PPP Loan Information
Bruns Construction Enterprises, Inc. received a Paycheck Protection Loan of $2.81M through PEOPLES BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Bruns Construction Enterprises, Inc.'s total 2019 payroll expenses were approximately $13.5M in order to qualify for the PPP loan amount received.
Based on their reported 256 jobs retained, this equals an estimated average yearly compensation of $52,726 per employee1.
Business Information - Bruns Construction Enterprises, Inc. in Saint Henry, OH
1429 Cranberry Rd
Saint Henry, OH 45883
Commercial and Institutional Building Construction (NAICS code 236220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-08
Similar Companies near Saint Henry
In the Saint Henry area, 3 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 89 employees (compared to this company's 256) and received an average PPP loan of $962,720 (compared to this company's $2.81M).
Similar Nearby Businesses Who Received PPP Funding:
Joe Miller Construction LLC
Luginbill Construction, LLC
Industry PPP Comparison Statistics
Nationwide, 39,925 businesses in the "Commercial and Institutional Building Construction" industry received a total of $8,114,153,480.00 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 13 employees, 95% lower than Bruns Construction Enterprises, Inc.'s reported 256 employees, and received an average PPP loan of $203,235, 93% 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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