PPP Loan Data — Korellis Roofing, Inc, Hammond, IN
Korellis Roofing, Inc is a subchapter s corporation located at 1333 169th St in Hammond, Indiana that received a Coronavirus-related PPP loan from the SBA of $2,827,900.00 in April, 2020.
$ PPP Loan Information
Korellis Roofing, Inc in Hammond, IN received a Paycheck Protection Loan of $2.83M through CENTIER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Korellis Roofing, Inc's total 2019 payroll expenses were approximately $13.57M in order to qualify for the PPP loan amount received.
Based on their reported 145 jobs retained, this equals an estimated average yearly compensation of $93,613 per employee1.
Business Information - Korellis Roofing, Inc in Hammond, IN
1333 169th St
Hammond, IN 46324
Roofing Contractors (NAICS code 238160)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-01
Similar Companies near Hammond
In the Hammond area, 2 businesses in the "Roofing Contractors" industry received a PPP loan. These local businesses reported an average of 77 employees (compared to this company's 145) and received an average PPP loan of $1,458,687 (compared to this company's $2.83M).
Similar Nearby Businesses Who Received PPP Funding:
ASG Roofing & Remodeling LLC
Industry PPP Comparison Statistics
Nationwide, 13,327 businesses in the "Roofing Contractors" industry received a total of $1,896,438,811.00 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 12 employees, 92% lower than Korellis Roofing, Inc's reported 145 employees, and received an average PPP loan of $142,301, 95% lower than this company's loan of $2.83M.
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Footnotes & Information
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