PPP Loan Data — Kenmore Construction Co Inc, Akron, OH
Kenmore Construction Co Inc is a subchapter s corporation located at 700 Home Ave in Akron, Ohio that received a Coronavirus-related PPP loan from the SBA of $3,942,800.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Kenmore Construction Co Inc in Akron, OH received a Paycheck Protection Loan of $3.94M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Kenmore Construction Co Inc's total 2019 payroll expenses were approximately $18.93M in order to qualify for the PPP loan amount received.
Based on their reported 194 jobs retained, this equals an estimated average yearly compensation of $97,554 per employee1.
Business Information - Kenmore Construction Co Inc in Akron, OH
700 Home Ave
Akron, OH 44310
Highway, Street, and Bridge Construction (NAICS code 237310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: OH-11
Industry PPP Comparison Statistics
Nationwide, 7,070 businesses in the "Highway, Street, and Bridge Construction" industry received a total of $2,867,987,409.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 26 employees, 87% lower than Kenmore Construction Co Inc's reported 194 employees, and received an average PPP loan of $405,656, 90% lower than this company's loan of $3.94M.
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Footnotes & Information
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