PPP Loan Data — Island Consolidated LLC, Calverton, NY
Island Consolidated LLC is a limited liability company (LLC) located at 1101 Scott Avenue in Calverton, New York that received a Coronavirus-related PPP loan from the SBA of $2,469,552.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF AMERICA, NATIONAL ASSOCIATION
Island Consolidated LLC in Calverton, NY received a Paycheck Protection Loan of $2.47M through BANK OF AMERICA, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Island Consolidated LLC's total 2019 payroll expenses were approximately $11.85M in order to qualify for the PPP loan amount received.
Based on their reported 148 jobs retained, this equals an estimated average yearly compensation of $80,094 per employee1.
Business Information - Island Consolidated LLC in Calverton, NY
1101 Scott Avenue
Calverton, NY 11933
Drywall and Insulation Contractors (NAICS code 238310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NY-01
Similar Companies near Calverton
In the Calverton area, 3 businesses in the "Drywall and Insulation Contractors" industry received a PPP loan. These local businesses reported an average of 52 employees (compared to this company's 148) and received an average PPP loan of $839,267 (compared to this company's $2.47M).
Similar Nearby Businesses Who Received PPP Funding:
Paul Frank Dileo
Center Moriches, NY
Industry PPP Comparison Statistics
Nationwide, 8,671 businesses in the "Drywall and Insulation Contractors" industry received a total of $1,670,996,792.00 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, 91% lower than Island Consolidated LLC's reported 148 employees, and received an average PPP loan of $192,711, 92% lower than this company's loan of $2.47M.
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Footnotes & Information
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