FederalPay.org
PPP Loan Data — Milton J Wood Company,
Jacksonville, FL
Milton J Wood Company
Entity: Corporation
Industry: Plumbing, Heating, and Air-Conditioning Contractors
Location: Jacksonville, FL
Tweet This
•
Search All PPP Data
Milton J Wood Company is a corporation located at 3805 Faye Rd in Jacksonville, Florida that received a Coronavirus-related PPP loan from the SBA of $2,750,000.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
200Loan Approved:
2020-04-10Lender:
TD BANK, NATIONAL ASSOCIATIONMilton J Wood Company in Jacksonville, FL received a Paycheck Protection Loan of $2.75M through TD BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Milton J Wood Company's total 2019 payroll expenses were approximately $13.2M in order to qualify for the PPP loan amount received.
Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $66,000 per employee1.
Business Information - Milton J Wood Company in Jacksonville, FL
3805 Faye Rd
Jacksonville, FL 32226
Business Industry
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: FL-04Similar Companies near Jacksonville
In the Jacksonville area, 11 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 200) and received an average PPP loan of $390,572 (compared to this company's $2.75M).
Similar Nearby Businesses Who Received PPP Funding:
Air Waves Heating And Cooling LLC
Jacksonville, FL
Pipe-Right Plumbing Inc.
Jacksonville, FL
DWV Plumbing Inc
Jacksonville, FL
Jerry Nolan Plumbing Inc.
Jacksonville, FL
Milton J Wood Fire Protection Inc
Jacksonville, FL
Jaquar Heating & Air, LLC
Jacksonville, FL
Custom Plumbing & Tile, Inc.
Jacksonville, FL
Ken Johnson Plumbing, LLC
Jacksonville, FL
Industry PPP Comparison Statistics
Nationwide, 60,482 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $9,373,583,135.00 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 11 employees, 95% lower than Milton J Wood Company's reported 200 employees, and received an average PPP loan of $154,981, 94% lower than this company's loan of $2.75M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
Have FederalPay.org's open data tools been valuable? Consider donating!