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PPP Loan Data — G Brothers Construction, Inc.,
Garden Grove, CA
G Brothers Construction, Inc.
Entity: Corporation
Industry: Drywall and Insulation Contractors
Location: Garden Grove, CA
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G Brothers Construction, Inc. is a corporation located at 7070 Patterson Dr in Garden Grove, California that received a Coronavirus-related PPP loan from the SBA of $3,307,252.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 271 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
271Loan Approved:
2020-04-12Lender:
PACIFIC PREMIER BANKG Brothers Construction, Inc. in Garden Grove, CA received a Paycheck Protection Loan of $3.31M through PACIFIC PREMIER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, G Brothers Construction, Inc.'s total 2019 payroll expenses were approximately $15.87M in order to qualify for the PPP loan amount received.
Based on their reported 271 jobs retained, this equals an estimated average yearly compensation of $58,579 per employee1.
Business Information - G Brothers Construction, Inc. in Garden Grove, CA
7070 Patterson Dr
Garden Grove, CA 92841
Business Industry
Drywall and Insulation Contractors (NAICS code 238310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-47Similar Companies near Garden Grove
In the Garden Grove area, 2 businesses in the "Drywall and Insulation Contractors" industry received a PPP loan. These local businesses reported an average of 137 employees (compared to this company's 271) and received an average PPP loan of $1,657,290 (compared to this company's $3.31M).
Similar Nearby Businesses Who Received PPP Funding:
Nelson And Sons Drywall
Garden Grove, CA
Industry PPP Comparison Statistics
Nationwide, 8,671 businesses in the "Drywall and Insulation Contractors" industry received a total of $1,670,996,792.00 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, 95% lower than G Brothers Construction, Inc.'s reported 271 employees, and received an average PPP loan of $192,711, 94% lower than this company's loan of $3.31M.
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.
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.
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