PPP Loan Data — M.U.E., Inc., Pontiac, MI
M.U.E., Inc. is a subchapter s corporation located at 1030 Featherstone St in Pontiac, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,922,825.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
M.U.E., Inc. in Pontiac, MI received a Paycheck Protection Loan of $2.92M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, M.U.E., Inc.'s total 2019 payroll expenses were approximately $14.03M in order to qualify for the PPP loan amount received.
Based on their reported 141 jobs retained, this equals an estimated average yearly compensation of $99,500 per employee1.
Business Information - M.U.E., Inc. in Pontiac, MI
1030 Featherstone St
Pontiac, MI 48342
Other Heavy and Civil Engineering Construction (NAICS code 237990)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-14
Similar Companies near Pontiac
In the Pontiac area, 2 businesses in the "Other Heavy and Civil Engineering Construction" industry received a PPP loan. These local businesses reported an average of 131 employees (compared to this company's 141) and received an average PPP loan of $2,701,650 (compared to this company's $2.92M).
Similar Nearby Businesses Who Received PPP Funding:
Kaltz Excavating, Inc.
Industry PPP Comparison Statistics
Nationwide, 5,686 businesses in the "Other Heavy and Civil Engineering Construction" industry received a total of $1,754,404,434.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 19 employees, 87% lower than M.U.E., Inc.'s reported 141 employees, and received an average PPP loan of $308,548, 89% lower than this company's loan of $2.92M.
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Footnotes & Information
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