PPP Loan Data — Mark E. Johnston Construction, LLC, Campton, NH
Mark E. Johnston Construction, LLC is a limited liability company (LLC) located at 2281 Us Route 3 in Campton, New Hampshire that received a Coronavirus-related PPP loan from the SBA of $45,790.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Woodsville Guaranty Savings Bank
Mark E. Johnston Construction, LLC in Campton, NH received a Paycheck Protection Loan of $45,790 through Woodsville Guaranty Savings Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in March, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Mark E. Johnston Construction, LLC's 2019 payroll expenses are estimated to be at least $219,792.
Based on their reported 6 jobs retained, this equals an estimated average yearly compensation of $36,632 per employee1
Reported PPP Proceed Usage:
On the PPP application, Mark E. Johnston Construction, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $34,343
- Utilities: $5,724
- Debt Interest: $5,724
Business Information - Mark E. Johnston Construction, LLC in Campton, NH
2281 Us Route 3
Campton, NH 3223
Other Heavy and Civil Engineering Construction
NAICS code 237990
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Campton
In the Campton area, 4 businesses in the "Other Heavy and Civil Engineering Construction" industry received a PPP loan. These local businesses reported an average of 8 employees (compared to this company's 6) and received an average PPP loan of $85,073 (compared to this company's $45,790).
Similar Nearby Businesses Who Received PPP Funding:
JPS Industries Inc
Hall's Excavation, Inc
Hall's Excavation Inc
Industry PPP Comparison Statistics
Nationwide, 11,233 businesses in the "Other Heavy and Civil Engineering Construction" industry received a total of $2.63B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 17 employees, 183% higher than Mark E. Johnston Construction, LLC's reported 6 employees, and received an average PPP loan of $234,414, 412% higher than this company's loan of $45,790.
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Footnotes & Information
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