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PPP Loan Data — Haynes Mechanical Systems, Inc,
Englewood, CO
Haynes Mechanical Systems, Inc
Entity: Subchapter S Corporation
Industry: Plumbing, Heating, and Air-Conditioning Contractors
Location: Englewood, CO
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Haynes Mechanical Systems, Inc is a subchapter s corporation located at 5700 South Quebec Street, Suite 210 in Englewood, Colorado that received a Coronavirus-related PPP loan from the SBA of $3,685,948.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
208Loan Approved:
2020-04-28Lender:
U.S. BANK, NATIONAL ASSOCIATIONHaynes Mechanical Systems, Inc in Englewood, CO received a Paycheck Protection Loan of $3.69M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Haynes Mechanical Systems, Inc's total 2019 payroll expenses were approximately $17.69M in order to qualify for the PPP loan amount received.
Based on their reported 208 jobs retained, this equals an estimated average yearly compensation of $85,060 per employee1.
Business Information - Haynes Mechanical Systems, Inc in Englewood, CO
5700 South Quebec Street, Suite 210
Englewood, CO 80111
Business Industry
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CO-01Similar Companies near Englewood
In the Englewood area, 48 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 23 employees (compared to this company's 208) and received an average PPP loan of $411,754 (compared to this company's $3.69M).
Similar Nearby Businesses Who Received PPP Funding:
Confidence Plumbing Company, Inc.
Englewood, CO
Custom Air Inc
Englewood, CO
ATS Rocky Mtn, Inc.
Centennial, CO
Solutions Plumbing And Mechanical LLC
Englewood, CO
Mechanical Solutions Construction, Inc.
Englewood, CO
Beattie Plumbing Service Inc.
Englewood, CO
Sustainable Designs, LLC
Centennial, CO
H2O Plumbing & Heating Inc
Centennial, CO
Great Guys Home Services LLC
Greenwood Village, CO
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 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 11 employees, 95% lower than Haynes Mechanical Systems, Inc's reported 208 employees, and received an average PPP loan of $154,981, 96% lower than this company's loan of $3.69M.
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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