PPP Loan Data — Campus Construction Management Group, Inc, Pittsford, NY
Campus Construction Management Group, Inc
Entity: Subchapter S Corporation
Location: Pittsford, NYTweet This • Search All PPP Data
Campus Construction Management Group, Inc is a subchapter s corporation located at 1241 Pittsford Victor Road in Pittsford, New York that received a Coronavirus-related PPP loan from the SBA of $1,891,400.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Five Star Bank
Campus Construction Management Group, Inc in Pittsford, NY received a Paycheck Protection Loan of $1.89M through Five Star Bank, which was approved in April, 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 May, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Campus Construction Management Group, Inc's 2019 payroll expenses are estimated to be at least $9.08M.
Based on their reported 108 jobs retained, this equals an estimated average yearly compensation of $84,062 per employee1
Reported PPP Proceed Usage:
On the PPP application, Campus Construction Management Group, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,891,400
Business Information - Campus Construction Management Group, Inc in Pittsford, NY
1241 Pittsford Victor Road
Pittsford, NY 14534
Commercial and Institutional Building Construction
NAICS code 236220
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Pittsford
In the Pittsford area, 5 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 58 employees (compared to this company's 108) and received an average PPP loan of $1,230,996 (compared to this company's $1.89M).
Similar Nearby Businesses Who Received PPP Funding:
Facilities Equipment And Service Inc
Hamilton Stern Construction, LLC
DGA Builders, LLC
Industry PPP Comparison Statistics
Nationwide, 78,873 businesses in the "Commercial and Institutional Building Construction" industry received a total of $12.41B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 12 employees, 89% lower than Campus Construction Management Group, Inc's reported 108 employees, and received an average PPP loan of $157,325, 92% lower than this company's loan of $1.89M.
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Footnotes & Information
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