PPP Loan Data — MEB General Contractors, Inc., Chesapeake, VA
MEB General Contractors, Inc. is a subchapter s corporation located at Po Box 6748 in Chesapeake, Virginia that received a Coronavirus-related PPP loan from the SBA of $3,287,000.00 in April, 2020.
$ PPP Loan Information
Jobs Retained:0 Unreported
MEB General Contractors, Inc. received a Paycheck Protection Loan of $3.29M through TOWNE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, MEB General Contractors, Inc.'s total 2019 payroll expenses were approximately $15.78M in order to qualify for the PPP loan amount received.
Unlike most businesses, MEB General Contractors, 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 - MEB General Contractors, Inc. in Chesapeake, VA
Po Box 6748
Chesapeake, VA 23323
Other Heavy and Civil Engineering Construction (NAICS code 237990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: VA-03
Similar Companies near Chesapeake
In the Chesapeake area, 4 businesses in the "Other Heavy and Civil Engineering Construction" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 0) and received an average PPP loan of $984,575 (compared to this company's $3.29M).
Similar Nearby Businesses Who Received PPP Funding:
Norfolk Coating Services, LLC
Northwest Contractors, Inc.
The Kennedy Company Of Va, Inc.
Industry PPP Comparison Statistics
Nationwide, 5,686 businesses in the "Other Heavy and Civil Engineering Construction" industry received a total of $1,754,404,434.00 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 19 employees, and received an average PPP loan of $308,548, 91% lower than this company's loan of $3.29M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!