PPP Loan Data — Hirschi Masonry, LLC, North Las Vegas, NV
Hirschi Masonry, LLC is a limited liability company (LLC) located at 4120 Losee Road in North Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $4,786,300.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 471 people during the applicable loan loan period.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Hirschi Masonry, LLC received a Paycheck Protection Loan of $4.79M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Hirschi Masonry, LLC's total 2019 payroll expenses were approximately $22.97M in order to qualify for the PPP loan amount received.
Based on their reported 471 jobs retained, this equals an estimated average yearly compensation of $48,778 per employee1.
Business Information - Hirschi Masonry, LLC in North Las Vegas, NV
4120 Losee Road
North Las Vegas, NV 89030
Masonry Contractors (NAICS code 238140)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: NV-04
Similar Companies near North Las Vegas
In the North Las Vegas area, 2 businesses in the "Masonry Contractors" industry received a PPP loan. These local businesses reported an average of 239 employees (compared to this company's 471) and received an average PPP loan of $2,415,100 (compared to this company's $4.79M).
Similar Nearby Businesses Who Received PPP Funding:
North Las Vegas, NV
Industry PPP Comparison Statistics
Nationwide, 8,054 businesses in the "Masonry Contractors" industry received a total of $1,051,191,192.00 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 10 employees, 98% lower than Hirschi Masonry, LLC's reported 471 employees, and received an average PPP loan of $130,518, 97% lower than this company's loan of $4.79M.
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.
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