PPP Loan Data — Horizon Retail Construction, Inc., Sturtevant, WI
Horizon Retail Construction, Inc.
Entity: Subchapter S Corporation
Location: Sturtevant, WITweet This • Search All PPP Data
Horizon Retail Construction, Inc. is a subchapter s corporation located at 9999 E. Exploration Ct. in Sturtevant, Wisconsin that received a Coronavirus-related PPP loan from the SBA of $2,968,750.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 201 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TRI CITY NATIONAL BANK
Horizon Retail Construction, Inc. in Sturtevant, WI received a Paycheck Protection Loan of $2.97M through TRI CITY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Horizon Retail Construction, Inc.'s total 2019 payroll expenses were approximately $14.25M in order to qualify for the PPP loan amount received.
Based on their reported 201 jobs retained, this equals an estimated average yearly compensation of $70,896 per employee1.
Business Information - Horizon Retail Construction, Inc. in Sturtevant, WI
9999 E. Exploration Ct.
Sturtevant, WI 53177
Commercial and Institutional Building Construction (NAICS code 236220)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: WI-01
Similar Companies near Sturtevant
In the Sturtevant area, 2 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 103 employees (compared to this company's 201) and received an average PPP loan of $1,503,228 (compared to this company's $2.97M).
Similar Nearby Businesses Who Received PPP Funding:
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, 94% lower than Horizon Retail Construction, Inc.'s reported 201 employees, and received an average PPP loan of $203,235, 93% lower than this company's loan of $2.97M.
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