PPP Loan Data — Mid-State Consultants, Inc., Nephi, UT
Mid-State Consultants, Inc. is a subchapter s corporation located at 1475 North 200 West in Nephi, Utah that received a Coronavirus-related PPP loan from the SBA of $3,890,300.00 in April, 2020.
$ PPP Loan Information
Lender:ZIONS BANK, A DIVISION OF
Mid-State Consultants, Inc. in Nephi, UT received a Paycheck Protection Loan of $3.89M through ZIONS BANK, A DIVISION OF, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mid-State Consultants, Inc.'s total 2019 payroll expenses were approximately $18.67M in order to qualify for the PPP loan amount received.
Based on their reported 204 jobs retained, this equals an estimated average yearly compensation of $91,536 per employee1.
Business Information - Mid-State Consultants, Inc. in Nephi, UT
1475 North 200 West
Nephi, UT 84648
Engineering Services (NAICS code 541330)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: UT-04
Similar Companies near Nephi
In the Nephi area, 3 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 95 employees (compared to this company's 204) and received an average PPP loan of $1,614,470 (compared to this company's $3.89M).
Similar Nearby Businesses Who Received PPP Funding:
Rocky Mountain West Telecom, Inc.
Ludlow Engineering And Associates
Industry PPP Comparison Statistics
Nationwide, 28,113 businesses in the "Engineering Services" industry received a total of $7,024,215,141.00 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 14 employees, 93% lower than Mid-State Consultants, Inc.'s reported 204 employees, and received an average PPP loan of $249,856, 94% lower than this company's loan of $3.89M.
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Footnotes & Information
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