PPP Loan Data — Montgomery Transport, LLC, Birmingham, AL
Montgomery Transport, LLC
Entity: Limited Liability Company (LLC)
Location: Birmingham, ALTweet This • Search All PPP Data
Montgomery Transport, LLC is a limited liability company (LLC) located at 2563 Commerce Circle in Birmingham, Alabama that received a Coronavirus-related PPP loan from the SBA of $6,235,000.00 in April, 2020.
$ PPP Loan Information
Montgomery Transport, LLC in Birmingham, AL received a Paycheck Protection Loan of $6.24M through SERVISFIRST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Montgomery Transport, LLC's total 2019 payroll expenses were approximately $29.93M in order to qualify for the PPP loan amount received.
Based on their reported 500 jobs retained, this equals an estimated average yearly compensation of $59,856 per employee1.
Business Information - Montgomery Transport, LLC in Birmingham, AL
2563 Commerce Circle
Birmingham, AL 35217
General Freight Trucking, Long-Distance, Truckload (NAICS code 484121)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: AL-07
Similar Companies near Birmingham
In the Birmingham area, 6 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a PPP loan. These local businesses reported an average of 89 employees (compared to this company's 500) and received an average PPP loan of $1,117,140 (compared to this company's $6.24M).
Similar Nearby Businesses Who Received PPP Funding:
Montgomery Logistics Inc
Youngghogg Transport LLC
Birmingham Freight Syndicate Inc
PGM Logistics LLC
MT Select LLC
Industry PPP Comparison Statistics
Nationwide, 30,410 businesses in the "General Freight Trucking, Long-Distance, Truckload" industry received a total of $2,441,673,488.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 6 employees, 99% lower than Montgomery Transport, LLC's reported 500 employees, and received an average PPP loan of $80,292, 99% lower than this company's loan of $6.24M.
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