PPP Loan Data — Haynes Mechanical Systems, Inc, Englewood, CO
Haynes Mechanical Systems, Inc
Entity: Subchapter S Corporation
Location: Englewood, COTweet This • Search All PPP Data
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
Lender:U.S. BANK, NATIONAL ASSOCIATION
Haynes 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
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CO-01
Similar 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.
Custom Air Inc
ATS Rocky Mtn, Inc.
Solutions Plumbing And Mechanical LLC
Mechanical Solutions Construction, Inc.
Beattie Plumbing Service Inc.
Sustainable Designs, LLC
H2O Plumbing & Heating Inc
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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