PPP Loan Data — Lancaster Burns Construction Inc., Roseville, CA
Lancaster Burns Construction Inc.
Location: Roseville, CATweet This • Search All PPP Data
Lancaster Burns Construction Inc. is a corporation located at 8655 Washington Blvd in Roseville, California that received a Coronavirus-related PPP loan from the SBA of $4,545,300.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 370 people during the applicable loan loan period.
$ PPP Loan Information
Lender:TRI COUNTIES BANK
Lancaster Burns Construction Inc. received a Paycheck Protection Loan of $4.55M through TRI COUNTIES BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Lancaster Burns Construction Inc.'s total 2019 payroll expenses were approximately $21.82M in order to qualify for the PPP loan amount received.
Based on their reported 370 jobs retained, this equals an estimated average yearly compensation of $58,966 per employee1.
Business Information - Lancaster Burns Construction Inc. in Roseville, CA
8655 Washington Blvd
Roseville, CA 95678
Commercial and Institutional Building Construction (NAICS code 236220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-04
Similar Companies near Roseville
In the Roseville area, 16 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 46 employees (compared to this company's 370) and received an average PPP loan of $666,220 (compared to this company's $4.55M).
Similar Nearby Businesses Who Received PPP Funding:
Tilton Pacific Construction, Inc.
TEC Project Builders, Inc.
Cobex Construction Group
PBM Construction Inc.
Maranatha Volunteers International Inc
J Bender Company
Sequoia Pacific Builders, Inc.
Premier Management Group, Inc.
Swan Engineering, Inc.
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, 96% lower than Lancaster Burns Construction Inc.'s reported 370 employees, and received an average PPP loan of $203,235, 96% lower than this company's loan of $4.55M.
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