PPP Loan Data — M. Davis & Sons, Inc., Wilmington, DE
M. Davis & Sons, Inc.
Location: Wilmington, DETweet This • Search All PPP Data
M. Davis & Sons, Inc. is a corporation located at 19 Germay Dr in Wilmington, Delaware that received a Coronavirus-related PPP loan from the SBA of $7,884,746.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:WILMINGTON SAVINGS FUND SOCIETY, FSB
M. Davis & Sons, Inc. received a Paycheck Protection Loan of $7.88M through WILMINGTON SAVINGS FUND SOCIETY, FSB, which was approved in April, 2020.
Based on standard PPP eligibility rules, M. Davis & Sons, Inc.'s total 2019 payroll expenses were approximately $37.85M in order to qualify for the PPP loan amount received.
Unlike most businesses, M. Davis & Sons, Inc.'s PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - M. Davis & Sons, Inc. in Wilmington, DE
19 Germay Dr
Wilmington, DE 19804
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: DE-
Similar Companies near Wilmington
In the Wilmington area, 15 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 0) and received an average PPP loan of $869,915 (compared to this company's $7.88M).
Similar Nearby Businesses Who Received PPP Funding:
Calvert Mechanical Systems Inc
Jordan Plumbing LLC
Frederick Enterprises Inc
Delaware Plumbing Professionals LLC
ANS Services LLC
Randy Stevens Plumbing, Inc.
Building Systems & Services, Inc.
Tri Elite Advisors LLC
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 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 11 employees, and received an average PPP loan of $154,981, 98% lower than this company's loan of $7.88M.
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