PPP Loan Data — Marous Brothers Construction Inc, Wickliffe, OH
Marous Brothers Construction Inc
Entity: Subchapter S Corporation
Location: Wickliffe, OHTweet This • Search All PPP Data
Marous Brothers Construction Inc is a subchapter s corporation located at 1702 Joseph Lloyd Parkway in Wickliffe, Ohio that received a Coronavirus-related PPP loan from the SBA of $5,481,100.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 291 people during the applicable loan loan period.
$ PPP Loan Information
Lender:THE HUNTINGTON NATIONAL BANK
Marous Brothers Construction Inc received a Paycheck Protection Loan of $5.48M through THE HUNTINGTON NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Marous Brothers Construction Inc's total 2019 payroll expenses were approximately $26.31M in order to qualify for the PPP loan amount received.
Based on their reported 291 jobs retained, this equals an estimated average yearly compensation of $90,410 per employee1.
Business Information - Marous Brothers Construction Inc in Wickliffe, OH
1702 Joseph Lloyd Parkway
Wickliffe, OH 44092
New Single-Family Housing Construction (except For-Sale Builders) (NAICS code 236115)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: OH-14
Similar Companies near Wickliffe
In the Wickliffe area, 5 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 60 employees (compared to this company's 291) and received an average PPP loan of $1,107,264 (compared to this company's $5.48M).
Similar Nearby Businesses Who Received PPP Funding:
Paul J Brazalovics
Bishop Construction LLC
Industry PPP Comparison Statistics
Nationwide, 64,726 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a total of $3,790,773,096.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than Marous Brothers Construction Inc's reported 291 employees, and received an average PPP loan of $58,566, 99% lower than this company's loan of $5.48M.
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