PPP Loan Data — Coakley & Williams Construction Inc., Bethesda, MD
Coakley & Williams Construction Inc.
Location: Bethesda, MDTweet This • Search All PPP Data
Coakley & Williams Construction Inc. is a corporation located at 7475 Wisconsin Ave in Bethesda, Maryland that received a Coronavirus-related PPP loan from the SBA of $2,492,702.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Coakley & Williams Construction Inc. in Bethesda, MD received a Paycheck Protection Loan of $2.49M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Coakley & Williams Construction Inc.'s total 2019 payroll expenses were approximately $11.96M in order to qualify for the PPP loan amount received.
Based on their reported 126 jobs retained, this equals an estimated average yearly compensation of $94,960 per employee1.
Business Information - Coakley & Williams Construction Inc. in Bethesda, MD
7475 Wisconsin Ave
Bethesda, MD 20814
Commercial and Institutional Building Construction (NAICS code 236220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MD-08
Similar Companies near Bethesda
In the Bethesda area, 7 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 29 employees (compared to this company's 126) and received an average PPP loan of $580,120 (compared to this company's $2.49M).
Similar Nearby Businesses Who Received PPP Funding:
Majestic Builders Corp
Chevy Chase, MD
Triumph Development, LLC
Gopher Construction & Maintenance Inc.
Potomac Construction Services, Inc.
Estoril Construction, Inc.
May Construction Group, LLC
Chevy Chase, MD
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, 90% lower than Coakley & Williams Construction Inc.'s reported 126 employees, and received an average PPP loan of $203,235, 92% lower than this company's loan of $2.49M.
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Footnotes & Information
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