PPP Loan Data — Diantonio & Bongiovanni Builders, Philadelphia, PA
Diantonio & Bongiovanni Builders
Entity: Limited Liability Company (LLC)
Location: Philadelphia, PATweet This • Search All PPP Data
Diantonio & Bongiovanni Builders is a limited liability company (LLC) located at 2016, Shunk Street , in Philadelphia, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $25,200.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Itria Ventures LLC
Diantonio & Bongiovanni Builders in Philadelphia, PA received a Paycheck Protection Loan of $25,200 through Itria Ventures LLC, which was approved in May, 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, Diantonio & Bongiovanni Builders' 2019 payroll expenses are estimated to be at least $120,960.
Based on their reported 7 jobs retained, this equals an estimated average yearly compensation of $17,280 per employee1
Reported PPP Proceed Usage:
On the PPP application, Diantonio & Bongiovanni Builders reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,200
Business Information - Diantonio & Bongiovanni Builders in Philadelphia, PA
2016, Shunk Street ,
Philadelphia, PA 19145
New Single-Family Housing Construction (except For-Sale Builders)
NAICS code 236115
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Philadelphia
In the Philadelphia area, 54 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 3 employees (compared to this company's 7) and received an average PPP loan of $40,695 (compared to this company's $25,200).
Similar Nearby Businesses Who Received PPP Funding:
Gtat Plus LLC
Vpro Construction LLC
Industry PPP Comparison Statistics
Nationwide, 127,156 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a total of $5.75B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 29% lower than Diantonio & Bongiovanni Builders' reported 7 employees, and received an average PPP loan of $45,182, 79% higher than this company's loan of $25,200.
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Footnotes & Information
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