PPP Loan Data — Gaines And Company, Inc., Reisterstown, MD
Gaines And Company, Inc.
Entity: Subchapter S Corporation
Location: Reisterstown, MDTweet This • Search All PPP Data
Gaines And Company, Inc. is a subchapter s corporation located at 112 Westminster Pike in Reisterstown, Maryland that received a Coronavirus-related PPP loan from the SBA of $2,755,422.00 in April, 2020.
$ PPP Loan Information
Lender:MANUFACTURERS AND TRADERS TRUST COMPANY
Gaines And Company, Inc. received a Paycheck Protection Loan of $2.76M through MANUFACTURERS AND TRADERS TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Gaines And Company, Inc.'s total 2019 payroll expenses were approximately $13.23M in order to qualify for the PPP loan amount received.
Based on their reported 225 jobs retained, this equals an estimated average yearly compensation of $58,782 per employee1.
Business Information - Gaines And Company, Inc. in Reisterstown, MD
112 Westminster Pike
Reisterstown, MD 21136
Water and Sewer Line and Related Structures Construction (NAICS code 237110)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MD-07
Similar Companies near Reisterstown
In the Reisterstown area, 2 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a PPP loan. These local businesses reported an average of 113 employees (compared to this company's 225) and received an average PPP loan of $1,903,893 (compared to this company's $2.76M).
Similar Nearby Businesses Who Received PPP Funding:
Consolidated Construction Services
Industry PPP Comparison Statistics
Nationwide, 5,092 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a total of $1,334,037,195.00 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 17 employees, 92% lower than Gaines And Company, Inc.'s reported 225 employees, and received an average PPP loan of $261,987, 90% lower than this company's loan of $2.76M.
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Footnotes & Information
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