PPP Loan Data — Gardner-Gibson Inc, Tampa, FL
Gardner-Gibson Inc is a corporation located at 4161 E 7th Ave in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $6,261,200.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Gardner-Gibson Inc received a Paycheck Protection Loan of $6.26M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Gardner-Gibson Inc's total 2019 payroll expenses were approximately $30.05M in order to qualify for the PPP loan amount received.
Based on their reported 443 jobs retained, this equals an estimated average yearly compensation of $67,841 per employee1.
Business Information - Gardner-Gibson Inc in Tampa, FL
4161 E 7th Ave
Tampa, FL 33605
Asphalt Paving Mixture and Block Manufacturing (NAICS code 324121)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-14
Industry PPP Comparison Statistics
Nationwide, 1,147 businesses in the "Asphalt Paving Mixture and Block Manufacturing" industry received a total of $286,637,689.00 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, 96% lower than Gardner-Gibson Inc's reported 443 employees, and received an average PPP loan of $249,902, 96% lower than this company's loan of $6.26M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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