PPP Loan Data — Mericle Construction Inc, Wilkes Barre, PA
Mericle Construction Inc is a corporation located at 100 Baltimore Drive in Wilkes Barre, Pennsylvania that received a Coronavirus-related PPP loan from the SBA of $3,931,090.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 235 people during the applicable loan loan period.
$ PPP Loan Information
Mericle Construction Inc received a Paycheck Protection Loan of $3.93M through FNCB BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mericle Construction Inc's total 2019 payroll expenses were approximately $18.87M in order to qualify for the PPP loan amount received.
Based on their reported 235 jobs retained, this equals an estimated average yearly compensation of $80,295 per employee1.
Business Information - Mericle Construction Inc in Wilkes Barre, PA
100 Baltimore Drive
Wilkes Barre, PA 18702
Other Activities Related to Real Estate (NAICS code 531390)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: PA-08
Similar Companies near Wilkes Barre
In the Wilkes Barre area, 5 businesses in the "Other Activities Related to Real Estate" industry received a PPP loan. These local businesses reported an average of 50 employees (compared to this company's 235) and received an average PPP loan of $824,436 (compared to this company's $3.93M).
Similar Nearby Businesses Who Received PPP Funding:
Even More Properties & Management LLC
Dunmore Properties Inc
Plains Twp, PA
Shoval Support Services Of Pennsylvania, Inc.
Wilkes Barre, PA
C & C Abstractor Services Inc
Wilkes Barre, PA
Industry PPP Comparison Statistics
Nationwide, 36,088 businesses in the "Other Activities Related to Real Estate" industry received a total of $2,270,983,687.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 98% lower than Mericle Construction Inc's reported 235 employees, and received an average PPP loan of $62,929, 98% lower than this company's loan of $3.93M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!