PPP Loan Data — Delmarva Site Development, Inc, Crofton, MD
Delmarva Site Development, Inc is a corporation located at 2200 Defense Hwy Suite 107 in Crofton, Maryland that received a Coronavirus-related PPP loan from the SBA of $2,109,198.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least 224 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Delmarva Site Development, Inc in Crofton, MD received a Paycheck Protection Loan of $2.11M through FVCbank, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Delmarva Site Development, Inc's 2019 payroll expenses are estimated to be at least $10.12M.
Based on their reported 224 jobs retained, this equals an estimated average yearly compensation of $45,197 per employee1
Reported PPP Proceed Usage:
On the PPP application, Delmarva Site Development, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $2,109,198
Business Information - Delmarva Site Development, Inc in Crofton, MD
2200 Defense Hwy Suite 107
Crofton, MD 21114
All Other Specialty Trade Contractors
NAICS code 238990
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Crofton
In the Crofton area, 14 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 48 employees (compared to this company's 224) and received an average PPP loan of $596,321 (compared to this company's $2.11M).
Similar Nearby Businesses Who Received PPP Funding:
Value Dry LLC
FTC Aggregate Supply LLC
DMG Properties II, LLC
Danny Joe Construction, LLC
Madrid's Contracting Inc
Take Two Unlimited Inc
Ferguson Trenching Co Inc
Awesome Waterproofing LLC
Xpress Concrete Inc
Industry PPP Comparison Statistics
Nationwide, 93,400 businesses in the "All Other Specialty Trade Contractors" industry received a total of $8.04B 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 8 employees, 96% lower than Delmarva Site Development, Inc's reported 224 employees, and received an average PPP loan of $86,076, 96% lower than this company's loan of $2.11M.
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Footnotes & Information
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