PPP Loan Data — Paul's Electrical Contracting, LLC, Aiea, HI
Paul's Electrical Contracting, LLC
Entity: Limited Liability Company (LLC)
Location: Aiea, HITweet This • Search All PPP Data
Paul's Electrical Contracting, LLC is a limited liability company (LLC) located at 99 1400 Koaha Pl in Aiea, Hawaii that received a Coronavirus-related PPP loan from the SBA of $2,732,200.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HAWAIIAN BANK
Paul's Electrical Contracting, LLC received a Paycheck Protection Loan of $2.73M through FIRST HAWAIIAN BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Paul's Electrical Contracting, LLC's total 2019 payroll expenses were approximately $13.11M in order to qualify for the PPP loan amount received.
Based on their reported 154 jobs retained, this equals an estimated average yearly compensation of $85,159 per employee1.
Business Information - Paul's Electrical Contracting, LLC in Aiea, HI
99 1400 Koaha Pl
Aiea, HI 96701
Electrical Contractors and Other Wiring Installation Contractors (NAICS code 238210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: HI-01
Similar Companies near Aiea
In the Aiea area, 10 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a PPP loan. These local businesses reported an average of 38 employees (compared to this company's 154) and received an average PPP loan of $600,889 (compared to this company's $2.73M).
Similar Nearby Businesses Who Received PPP Funding:
Modtech Solutions LLC
O & E Matias Electrical Service LLC
MK Electric LLC
Paul's Electrical Service, Inc
Hawaii Energy Systems, LLC
Kokami Electrical Service Inc
Hawaii Energy Connection LLC
Network Cabling Unlimited, LLC
Industry PPP Comparison Statistics
Nationwide, 44,489 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a total of $8,060,101,877.00 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 12 employees, 92% lower than Paul's Electrical Contracting, LLC's reported 154 employees, and received an average PPP loan of $181,171, 93% lower than this company's loan of $2.73M.
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