PPP Loan Data — Green Mechanical Construction, Inc., Glasgow, KY
Green Mechanical Construction, Inc. is a subchapter s corporation located at 322 West Main St in Glasgow, Kentucky that received a Coronavirus-related PPP loan from the SBA of $2,436,500.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 203 people during the applicable loan loan period.
$ PPP Loan Information
Lender:SOUTH CENTRAL BANK, INC.
Green Mechanical Construction, Inc. in Glasgow, KY received a Paycheck Protection Loan of $2.44M through SOUTH CENTRAL BANK, INC., which was approved in April, 2020.
Based on standard PPP eligibility rules, Green Mechanical Construction, Inc.'s total 2019 payroll expenses were approximately $11.7M in order to qualify for the PPP loan amount received.
Based on their reported 203 jobs retained, this equals an estimated average yearly compensation of $57,612 per employee1.
Business Information - Green Mechanical Construction, Inc. in Glasgow, KY
322 West Main St
Glasgow, KY 42141
Industrial Building Construction (NAICS code 236210)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: KY-02
Similar Companies near Glasgow
In the Glasgow area, 2 businesses in the "Industrial Building Construction" industry received a PPP loan. These local businesses reported an average of 102 employees (compared to this company's 203) and received an average PPP loan of $1,664,988 (compared to this company's $2.44M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 7,553 businesses in the "Industrial Building Construction" industry received a total of $1,532,091,139.00 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 13 employees, 94% lower than Green Mechanical Construction, Inc.'s reported 203 employees, and received an average PPP loan of $202,845, 92% lower than this company's loan of $2.44M.
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