FederalPay.org
PPP Loan Data — Contractors Building Supply Co LLC,
Conroe, TX
Contractors Building Supply Co LLC
Entity: Limited Liability Company (LLC)
Industry: Other Building Equipment Contractors
Location: Conroe, TX
Tweet This
•
Search All PPP Data
Contractors Building Supply Co LLC is a limited liability company (LLC) located at 610 N Loop 336 W in Conroe, Texas that received a Coronavirus-related PPP loan from the SBA of $2,655,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
200Loan Approved:
2020-04-06Lender:
CADENCE BANK, NATIONAL ASSOCIATIONContractors Building Supply Co LLC in Conroe, TX received a Paycheck Protection Loan of $2.66M through CADENCE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Contractors Building Supply Co LLC's total 2019 payroll expenses were approximately $12.74M in order to qualify for the PPP loan amount received.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $63,720 per employee1.
Business Information - Contractors Building Supply Co LLC in Conroe, TX
610 N Loop 336 W
Conroe, TX 77301
Business Industry
Other Building Equipment Contractors (NAICS code 238290)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: TX-08Industry PPP Comparison Statistics
Nationwide, 4,721 businesses in the "Other Building Equipment Contractors" industry received a total of $856,112,742.00 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 12 employees, 94% lower than Contractors Building Supply Co LLC's reported 200 employees, and received an average PPP loan of $181,341, 93% lower than this company's loan of $2.66M.
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, 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.
Have FederalPay.org's open data tools been valuable? Consider donating!