PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Fly & Form Structures Inc, Atlanta, GA

SBA PPP loan data, payroll data, and salaries for Fly & Form Structures Inc
GA

Fly & Form Structures Inc

Entity: Corporation

Industry: Poured Concrete Foundation and Structure Contractors

Location: Atlanta, GA

Search All PPP Data

Fly & Form Structures Inc is a corporation located at 1817 Westgate Pkwy in Atlanta, Georgia that received a Coronavirus-related PPP loan from the SBA of $3,656,000.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.66M

Jobs Retained:

370

Loan Approved:

2020-04-10

Lender:

SOUTH STATE BANK, NATIONAL ASSOCIATION

Fly & Form Structures Inc in Atlanta, GA received a Paycheck Protection Loan of $3.66M through SOUTH STATE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, Fly & Form Structures Inc's total 2019 payroll expenses were approximately $17.55M in order to qualify for the PPP loan amount received.

Based on their reported 370 jobs retained, this equals an estimated average yearly compensation of $47,429 per employee1.

Because the loan received by Fly & Form Structures Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Fly & Form Structures Inc in Atlanta, GA

Fly & Form Structures Inc
1817 Westgate Pkwy
Atlanta, GA 30336

Business Industry

Poured Concrete Foundation and Structure Contractors (NAICS code 238110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: GA-05

Industry PPP Comparison Statistics

Nationwide, 12,254 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a total of $2,172,253,420.00 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 14 employees, 96% lower than Fly & Form Structures Inc's reported 370 employees, and received an average PPP loan of $177,269, 95% lower than this company's loan of $3.66M.

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.

Search FederalPay's Full PPP Loan Database

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!

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/fly-and-form-structures-inc-atlanta-ga