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PPP Loan Data — Hemma Concrete Inc, Marietta, GA

SBA PPP loan data, payroll data, and salaries for Hemma Concrete Inc

Hemma Concrete Inc

Entity: Corporation

Industry: Poured Concrete Foundation and Structure Contractors

Location: Marietta, GA

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Hemma Concrete Inc is a corporation located at 819 Pickens Industrial Drive, Suite 3 in Marietta, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,725,600.00 in April, 2020.

The company has reported itself as a White owned business, and employed at least 175 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:


Jobs Retained:


Loan Approved:




Hemma Concrete Inc received a Paycheck Protection Loan of $2.73M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.

Based on standard PPP eligibility rules, Hemma Concrete Inc's total 2019 payroll expenses were approximately $13.08M in order to qualify for the PPP loan amount received.

Based on their reported 175 jobs retained, this equals an estimated average yearly compensation of $74,759 per employee1.

Because the loan received by Hemma Concrete Inc is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - Hemma Concrete Inc in Marietta, GA

Hemma Concrete Inc
819 Pickens Industrial Drive, Suite 3
Marietta, GA 30062

Business Industry

Poured Concrete Foundation and Structure Contractors (NAICS code 238110)

Business Owner Demographics

Race / Ethnicity: WHITE

Gender: Unreported

Veteran Status: Unreported

Congressional District: GA-06

Similar Companies near Marietta

In the Marietta area, 2 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a PPP loan. These local businesses reported an average of 94 employees (compared to this company's 175) and received an average PPP loan of $1,411,256 (compared to this company's $2.73M).

Similar Nearby Businesses Who Received PPP Funding:

Concrete Works Of North Georgia, Inc.
Marietta, GA

$96,912 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 12,254 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a total of $2,172,253,420.00 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 14 employees, 92% lower than Hemma Concrete Inc's reported 175 employees, and received an average PPP loan of $177,269, 93% lower than this company's loan of $2.73M.

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.

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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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** This Document Provided By - The Civil Employee's Resource **