PPP Loan Data — Mountain States Constructors, Inc., Albuquerque, NM
Mountain States Constructors, Inc. is a corporation located at 3601 Pan American Fwy #111 in Albuquerque, New Mexico that received a Coronavirus-related PPP loan from the SBA of $2,809,497.00 in April, 2020.
$ PPP Loan Information
Lender:BANK OF THE WEST
Mountain States Constructors, Inc. in Albuquerque, NM received a Paycheck Protection Loan of $2.81M through BANK OF THE WEST, which was approved in April, 2020.
Based on standard PPP eligibility rules, Mountain States Constructors, Inc.'s total 2019 payroll expenses were approximately $13.49M in order to qualify for the PPP loan amount received.
Based on their reported 211 jobs retained, this equals an estimated average yearly compensation of $63,913 per employee1.
Business Information - Mountain States Constructors, Inc. in Albuquerque, NM
3601 Pan American Fwy #111
Albuquerque, NM 87107
Highway, Street, and Bridge Construction (NAICS code 237310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NM-01
Similar Companies near Albuquerque
In the Albuquerque area, 4 businesses in the "Highway, Street, and Bridge Construction" industry received a PPP loan. These local businesses reported an average of 67 employees (compared to this company's 211) and received an average PPP loan of $850,170 (compared to this company's $2.81M).
Similar Nearby Businesses Who Received PPP Funding:
Dismuke Construction Company
A-Core Of New Mexico, Inc.
Industry PPP Comparison Statistics
Nationwide, 7,070 businesses in the "Highway, Street, and Bridge Construction" industry received a total of $2,867,987,409.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 26 employees, 88% lower than Mountain States Constructors, Inc.'s reported 211 employees, and received an average PPP loan of $405,656, 86% lower than this company's loan of $2.81M.
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Footnotes & Information
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