PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Century Companies Inc, Lewistown, MT

SBA PPP loan data, payroll data, and salaries for Century Companies Inc
MT

Century Companies Inc

Entity: Corporation

Industry: Highway, Street, and Bridge Construction

Location: Lewistown, MT

Search All PPP Data

Century Companies Inc is a corporation located at 510 1st Ave N in Lewistown, Montana that received a Coronavirus-related PPP loan from the SBA of $2,510,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$2.51M

Jobs Retained:

151

Loan Approved:

2020-04-03

Lender:

GLACIER BANK

Century Companies Inc received a Paycheck Protection Loan of $2.51M through GLACIER BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Century Companies Inc's total 2019 payroll expenses were approximately $12.05M in order to qualify for the PPP loan amount received.

Based on their reported 151 jobs retained, this equals an estimated average yearly compensation of $79,788 per employee1.

Because the loan received by Century Companies 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 - Century Companies Inc in Lewistown, MT

Century Companies Inc
510 1st Ave N
Lewistown, MT 59457

Business Industry

Highway, Street, and Bridge Construction (NAICS code 237310)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: MT-

Similar Companies near Lewistown

In the Lewistown area, 3 businesses in the "Highway, Street, and Bridge Construction" industry received a PPP loan. These local businesses reported an average of 53 employees (compared to this company's 151) and received an average PPP loan of $1,511,867 (compared to this company's $2.51M).

Industry PPP Comparison Statistics

Nationwide, 7,070 businesses in the "Highway, Street, and Bridge Construction" industry received a total of $2,867,987,409.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 26 employees, 83% lower than Century Companies Inc's reported 151 employees, and received an average PPP loan of $405,656, 84% lower than this company's loan of $2.51M.

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.

Search FederalPay's Full PPP Loan Database

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.


Have FederalPay.org's open data tools been valuable? Consider donating!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/century-companies-inc-lewistown-mt