FederalPay.org
PPP Loan Data — Hawk Installation And Construction, Inc.,
Bogata, TX
Hawk Installation And Construction, Inc.
Entity: Corporation
Industry: Commercial and Institutional Building Construction
Location: Bogata, TX
Tweet This
•
Search All PPP Data
Hawk Installation And Construction, Inc. is a corporation located at 315 Main St in Bogata, Texas that received a Coronavirus-related PPP loan from the SBA of $2,611,255.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
132Loan Approved:
2020-04-09Lender:
FIRST FEDERAL COMMUNITY BANK, SSBHawk Installation And Construction, Inc. received a Paycheck Protection Loan of $2.61M through FIRST FEDERAL COMMUNITY BANK, SSB, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hawk Installation And Construction, Inc.'s total 2019 payroll expenses were approximately $12.53M in order to qualify for the PPP loan amount received.
Based on their reported 132 jobs retained, this equals an estimated average yearly compensation of $94,955 per employee1.
Business Information - Hawk Installation And Construction, Inc. in Bogata, TX
315 Main St
Bogata, TX 75417
Business Industry
Commercial and Institutional Building Construction (NAICS code 236220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: TX-04Similar Companies near Bogata
In the Bogata area, 4 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 39 employees (compared to this company's 132) and received an average PPP loan of $684,529 (compared to this company's $2.61M).
Similar Nearby Businesses Who Received PPP Funding:
Integrated Modular Solutions, LLC
Bonham, TX
Beezle Development Inc.
Bonham, TX
Lyon Barricade & Construction Co.
Blossom, TX
Industry PPP Comparison Statistics
Nationwide, 39,925 businesses in the "Commercial and Institutional Building Construction" industry received a total of $8,114,153,480.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 13 employees, 90% lower than Hawk Installation And Construction, Inc.'s reported 132 employees, and received an average PPP loan of $203,235, 92% lower than this company's loan of $2.61M.
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.
Have FederalPay.org's open data tools been valuable? Consider donating!