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PPP Loan Data — Daniel Henderson Electric LLC,
Easton, MA
Daniel Henderson Electric LLC
Entity: Limited Liability Company (LLC)
Industry: Electrical Contractors and Other Wiring Installation Contractors
Location: Easton, MA
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Daniel Henderson Electric LLC is a limited liability company (LLC) located in Easton, Massachusetts that received a Coronavirus-related PPP loan from the SBA of $11,200.00 in April, 2020.
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PPP Loan Information
Loan #2527267204
Loan Size:
Jobs Retained:
1Loan Approved:
2020-04-16Loan Status:
Paid in Full or ForgivenLender:
Citizens Bank, National AssociationDaniel Henderson Electric LLC in Easton, MA received a Paycheck Protection Loan of $11,200 through Citizens Bank, National Association, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in March, 2021.
Reported PPP Proceed Usage:
On the PPP application, Daniel Henderson Electric LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $11,200
Business Information - Daniel Henderson Electric LLC in Easton, MA
Easton, MA
* Full address is redacted to protect the privacy of individuals.
Business Industry:
Electrical Contractors and Other Wiring Installation Contractors
NAICS code 238210
Business Owner Demographics
Race: Unreported
Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Business Demographics
Business Age: Existing or more than 2 years old
LMI Zone: N
HUBZone: N
Rural / Urban: Urban
Similar Companies near Easton
In the Easton area, 14 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a PPP loan. These local businesses reported an average of 25 employees (compared to this company's 1) and received an average PPP loan of $374,249 (compared to this company's $11,200).
Similar Nearby Businesses Who Received PPP Funding:
Crouch Electrical Contracting, LLC
South Easton, MA
Christopher Sheehan DBA Sheehan Electrical Contracting
S Easton, MA
David Anderson Electric Co., Inc
South Easton, MA
Locus Services LLC
South Easton, MA
Jacqueline Electric And Contracting Inc
South Easton, MA
Complete Energy Solutions, Inc
South Easton, MA
Stuart Paul Electrician
South Easton, MA
Marios Railing
South Easton, MA
Industry PPP Comparison Statistics
Nationwide, 82,857 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a total of $11.78B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 11 employees, 1000% higher than Daniel Henderson Electric LLC's reported 1 employees, and received an average PPP loan of $142,175, 1169% higher than this company's loan of $11,200.
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. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Estimations for informational purposes only. 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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