PPP Loan Data — Miller Mechanical Contractors & Engineers LLC, Marietta, GA
Miller Mechanical Contractors & Engineers LLC
Entity: Limited Liability Company (LLC)
Location: Marietta, GATweet This • Search All PPP Data
Miller Mechanical Contractors & Engineers LLC is a limited liability company (LLC) located at 1976 Airport Industrial Park Drive in Marietta, Georgia that received a Coronavirus-related PPP loan from the SBA of $1,913,000.00 in April, 2020.
The company has reported itself as a White female owned business, and employed at least 127 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Miller Mechanical Contractors & Engineers LLC in Marietta, GA received a Paycheck Protection Loan of $1.91M through Vinings Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in June, 2021.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Miller Mechanical Contractors & Engineers LLC's 2019 payroll expenses are estimated to be at least $9.18M.
Based on their reported 127 jobs retained, this equals an estimated average yearly compensation of $72,302 per employee1
Reported PPP Proceed Usage:
On the PPP application, Miller Mechanical Contractors & Engineers LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,434,750
- Utilities: $239,125
- Rent: $239,125
Business Information - Miller Mechanical Contractors & Engineers LLC in Marietta, GA
1976 Airport Industrial Park Drive
Marietta, GA 30060
Plumbing, Heating, and Air-Conditioning Contractors
NAICS code 238220
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Female Owned
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Marietta
In the Marietta area, 20 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 24 employees (compared to this company's 127) and received an average PPP loan of $305,958 (compared to this company's $1.91M).
Similar Nearby Businesses Who Received PPP Funding:
MR. Kool HVAC LLC
Randal Lowe Plumbing LLC
Summit HVAC LLC
Bartlett Heating & Cooling, Inc
Purified Air Services Inc
Perfection Air Inc
Industry PPP Comparison Statistics
Nationwide, 105,811 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $13.07B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 10 employees, 92% lower than Miller Mechanical Contractors & Engineers LLC's reported 127 employees, and received an average PPP loan of $123,520, 94% lower than this company's loan of $1.91M.
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