PPP Loan Data — Milton J Wood Company, Jacksonville, FL
Milton J Wood Company
Location: Jacksonville, FLTweet 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
Lender:TD BANK, NATIONAL ASSOCIATION
Milton 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
Plumbing, Heating, and Air-Conditioning Contractors (NAICS code 238220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-04
Similar 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
Pipe-Right Plumbing Inc.
DWV Plumbing Inc
Jerry Nolan Plumbing Inc.
Milton J Wood Fire Protection Inc
Jaquar Heating & Air, LLC
Custom Plumbing & Tile, Inc.
Ken Johnson Plumbing, LLC
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.
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