PPP Loan Data — Larusso Concrete, Inc., Wilsonville, OR
Larusso Concrete, Inc.
Entity: Subchapter S Corporation
Location: Wilsonville, ORTweet This • Search All PPP Data
Larusso Concrete, Inc. is a subchapter s corporation located at 8536 Sw St. Helens Dr. Ste D in Wilsonville, Oregon that received a Coronavirus-related PPP loan from the SBA of $3,085,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 400 people during the applicable loan loan period.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Larusso Concrete, Inc. received a Paycheck Protection Loan of $3.09M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Larusso Concrete, Inc.'s total 2019 payroll expenses were approximately $14.81M in order to qualify for the PPP loan amount received.
Based on their reported 400 jobs retained, this equals an estimated average yearly compensation of $37,020 per employee1.
Business Information - Larusso Concrete, Inc. in Wilsonville, OR
8536 Sw St. Helens Dr. Ste D
Wilsonville, OR 97070
Poured Concrete Foundation and Structure Contractors (NAICS code 238110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: OR-01
Similar Companies near Wilsonville
In the Wilsonville area, 3 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a PPP loan. These local businesses reported an average of 141 employees (compared to this company's 400) and received an average PPP loan of $1,143,707 (compared to this company's $3.09M).
Similar Nearby Businesses Who Received PPP Funding:
Concrete Structures, LLC
Toby Davis Concrete, Inc
Industry PPP Comparison Statistics
Nationwide, 12,254 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a total of $2,172,253,420.00 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, 97% lower than Larusso Concrete, Inc.'s reported 400 employees, and received an average PPP loan of $177,269, 94% lower than this company's loan of $3.09M.
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