PPP Loan Data — Fergsuon Construction Co., Sidney, OH
Fergsuon Construction Co.
Location: Sidney, OHTweet This • Search All PPP Data
Fergsuon Construction Co. is a corporation located at 400 Canal St in Sidney, Ohio that received a Coronavirus-related PPP loan from the SBA of $4,413,900.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 305 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST BANK RICHMOND
Fergsuon Construction Co. received a Paycheck Protection Loan of $4.41M through FIRST BANK RICHMOND, which was approved in April, 2020.
Based on standard PPP eligibility rules, Fergsuon Construction Co.'s total 2019 payroll expenses were approximately $21.19M in order to qualify for the PPP loan amount received.
Based on their reported 305 jobs retained, this equals an estimated average yearly compensation of $69,465 per employee1.
Business Information - Fergsuon Construction Co. in Sidney, OH
400 Canal St
Sidney, OH 45365
Commercial and Institutional Building Construction (NAICS code 236220)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: OH-04
Similar Companies near Sidney
In the Sidney area, 5 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 130 employees (compared to this company's 305) and received an average PPP loan of $951,076 (compared to this company's $4.41M).
Similar Nearby Businesses Who Received PPP Funding:
Ratermann Construction Company
Gillespie Construction Co LTD
D & S Construction Of Western Ohio, LLC
Westerheide Construction Company
Industry PPP Comparison Statistics
Nationwide, 39,925 businesses in the "Commercial and Institutional Building Construction" industry received a total of $8,114,153,480.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 13 employees, 96% lower than Fergsuon Construction Co.'s reported 305 employees, and received an average PPP loan of $203,235, 95% lower than this company's loan of $4.41M.
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