PPP Loan Data — Meyers-Carlisle-Leapley Construction Company, Inc, Omaha, NE
Meyers-Carlisle-Leapley Construction Company, Inc
Location: Omaha, NETweet This • Search All PPP Data
Meyers-Carlisle-Leapley Construction Company, Inc is a corporation located at 14124 Industrial Rd in Omaha, Nebraska that received a Coronavirus-related PPP loan from the SBA of $2,499,000.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 34 people during the applicable loan loan period.
$ PPP Loan Information
Lender:AMERICAN NATIONAL BANK
Meyers-Carlisle-Leapley Construction Company, Inc in Omaha, NE received a Paycheck Protection Loan of $2.5M through AMERICAN NATIONAL BANK, which was approved in April, 2020.
The size of company's PPP loan indicates that the number of employees on payroll during the eligibility calculation period (typically 2019) was higher than the 34 jobs reported as retained on the PPP application3. This could be caused by a reduction in employment since 2019, due to Coronavirus or other factors.
2019 Payroll Estimations based On PPP Amount:
Assuming all employees were paid over the $100k eligibility cap, the minimum number of employees this company must have had in 2019 to qualify for the loan range received is 120.
Based on standard PPP eligibility rules, Meyers-Carlisle-Leapley Construction Company, Inc's total 2019 payroll expenses were approximately $12M (not accounting for salary amounts > $100k) in order to qualify for the PPP loan amount received.
Because the 34 jobs reported are not enough to account for the loan range received, per-employee payrolls cannot be estimated.
Business Information - Meyers-Carlisle-Leapley Construction Company, Inc in Omaha, NE
14124 Industrial Rd
Omaha, NE 68144
Commercial and Institutional Building Construction (NAICS code 236220)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: NE-02
Similar Companies near Omaha
In the Omaha area, 9 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 13 employees (compared to this company's 34) and received an average PPP loan of $412,510 (compared to this company's $2.5M).
Similar Nearby Businesses Who Received PPP Funding:
Walnut Hill Management & Construction Inc
E ConstructUsa LLC
Prairie Construction Company
Carlson Kennedy Construction, LLC
Winn Construction Company
Compass Construction LLC
Prestige Construction Inc
Industry PPP Comparison Statistics
Nationwide, 39,925 businesses in the "Commercial and Institutional Building Construction" industry received a total of $8,114,153,480.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 13 employees, 62% lower than Meyers-Carlisle-Leapley Construction Company, Inc's reported 34 employees, and received an average PPP loan of $203,235, 92% lower than this company's loan of $2.5M.
FederalPay's PPP Information Policy
Footnotes & Information
3. Since the PPP eligibility will include a maximum of $100k in salary expenses for each employee in the qualifying period, the minimum number of employees required to be eligible for a given PPP loan amount can be calculated by the following equation: ((LOAN AMOUNT/2.5 months) * 12 months) / 100k max salary. If a company reports fewer employees than this amount on their PPP application, it is likely because they had more employees on payroll during the qualifying period.
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