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PPP Loan Data — Conatser Construction TX LP, Forest Hill, TX

SBA PPP loan data, payroll data, and salaries for Conatser Construction TX LP
TX

Conatser Construction TX LP

Entity: Limited Liability Partnership

Industry: Water and Sewer Line and Related Structures Construction

Location: Forest Hill, TX

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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

Loan Size:

$4.12M

Jobs Retained:

250

Loan Approved:

2020-04-05

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.

Because the loan received by Conatser Construction TX LP 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 - Conatser Construction TX LP in Forest Hill, TX

Conatser Construction TX LP
5327 Wichita St
Forest Hill, TX 76119

Business Industry

Water and Sewer Line and Related Structures Construction (NAICS code 237110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional 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

$325,953 PPP Loan

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.

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.


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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/conatser-construction-tx-lp-forest-hill-tx