PPP Loan Data — Conatser Construction TX LP, Forest Hill, TX
Conatser Construction TX LP
Entity: Limited Liability Partnership
Location: Forest Hill, TXTweet This • Search All PPP Data
Conatser Construction TX LP is a limited liability partnership located at 5327 Wichita St in Forest Hill, Texas that received a Coronavirus-related PPP loan from the SBA of $4,120,900.00 in April, 2020.
$ PPP Loan Information
Lender:AFFILIATED BANK, NATIONAL ASSOCIATION
Conatser Construction TX LP received a Paycheck Protection Loan of $4.12M through AFFILIATED BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Conatser Construction TX LP's total 2019 payroll expenses were approximately $19.78M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $79,121 per employee1.
Business Information - Conatser Construction TX LP in Forest Hill, TX
5327 Wichita St
Forest Hill, TX 76119
Water and Sewer Line and Related Structures Construction (NAICS code 237110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-33
Similar Companies near Forest Hill
In the Forest Hill area, 2 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a PPP loan. These local businesses reported an average of 145 employees (compared to this company's 250) and received an average PPP loan of $2,223,427 (compared to this company's $4.12M).
Similar Nearby Businesses Who Received PPP Funding:
REY Mar Construction
Fort Worth, TX
Industry PPP Comparison Statistics
Nationwide, 5,092 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a total of $1,334,037,195.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 17 employees, 93% lower than Conatser Construction TX LP's reported 250 employees, and received an average PPP loan of $261,987, 94% lower than this company's loan of $4.12M.
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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