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PPP Loan Data — Chasco Constructors LTD LLP, Round Rock, TX

SBA PPP loan data, payroll data, and salaries for Chasco Constructors LTD LLP
TX

Chasco Constructors LTD LLP

Entity: Partnership

Industry: Commercial and Institutional Building Construction

Location: Round Rock, TX

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Chasco Constructors LTD LLP is a partnership located at 2801 E Old Settlers Blvd in Round Rock, Texas that received a Coronavirus-related PPP loan from the SBA of $4,106,772.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 309 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$4.11M

Jobs Retained:

309

Loan Approved:

2020-04-08

Lender:

PLAINSCAPITAL BANK

Chasco Constructors LTD LLP received a Paycheck Protection Loan of $4.11M through PLAINSCAPITAL BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, Chasco Constructors LTD LLP's total 2019 payroll expenses were approximately $19.71M in order to qualify for the PPP loan amount received.

Based on their reported 309 jobs retained, this equals an estimated average yearly compensation of $63,795 per employee1.

Because the loan received by Chasco Constructors LTD LLP 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 - Chasco Constructors LTD LLP in Round Rock, TX

Chasco Constructors LTD LLP
2801 E Old Settlers Blvd
Round Rock, TX 78665

Business Industry

Commercial and Institutional Building Construction (NAICS code 236220)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: Unreported

Congressional District: TX-31

Similar Companies near Round Rock

In the Round Rock area, 21 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 45 employees (compared to this company's 309) and received an average PPP loan of $513,767 (compared to this company's $4.11M).

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, 96% lower than Chasco Constructors LTD LLP's reported 309 employees, and received an average PPP loan of $203,235, 95% lower than this company's loan of $4.11M.

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.

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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 www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/chasco-constructors-ltd-llp-round-rock-tx