PPP Loan Data — Meridian Waste Acquisitions LLC, Charlotte, NC
Meridian Waste Acquisitions LLC is a limited liability company (LLC) located at 5925 Carnegie Blvd Ste 370 in Charlotte, North Carolina that received a Coronavirus-related PPP loan from the SBA of $5,646,400.00 in April, 2020.
$ PPP Loan Information
Lender:TRUIST BANK D/B/A BRANCH BANKING & TRUST CO
Meridian Waste Acquisitions LLC in Charlotte, NC received a Paycheck Protection Loan of $5.65M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Meridian Waste Acquisitions LLC's total 2019 payroll expenses were approximately $27.1M in order to qualify for the PPP loan amount received.
Based on their reported 384 jobs retained, this equals an estimated average yearly compensation of $70,580 per employee1.
Business Information - Meridian Waste Acquisitions LLC in Charlotte, NC
5925 Carnegie Blvd Ste 370
Charlotte, NC 28209
Solid Waste Collection (NAICS code 562111)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NC-09
Similar Companies near Charlotte
In the Charlotte area, 2 businesses in the "Solid Waste Collection" industry received a PPP loan. These local businesses reported an average of 194 employees (compared to this company's 384) and received an average PPP loan of $2,850,350 (compared to this company's $5.65M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 2,503 businesses in the "Solid Waste Collection" industry received a total of $523,743,053.00 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 17 employees, 96% lower than Meridian Waste Acquisitions LLC's reported 384 employees, and received an average PPP loan of $209,246, 96% lower than this company's loan of $5.65M.
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Footnotes & Information
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