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PPP Loan Data — Pepper Contracting Services Inc.,
Tampa, FL
Pepper Contracting Services Inc.
Entity: Corporation
Industry: Highway, Street, and Bridge Construction
Location: Tampa, FL
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Pepper Contracting Services Inc. is a corporation located at 6920 Asphalt Ave. in Tampa, Florida that received a Coronavirus-related PPP loan from the SBA of $2,501,900.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 221 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
221Loan Approved:
2020-04-13Lender:
TRUIST BANK D/B/A BRANCH BANKING & TRUST COPepper Contracting Services Inc. in Tampa, FL received a Paycheck Protection Loan of $2.5M through TRUIST BANK D/B/A BRANCH BANKING & TRUST CO, which was approved in April, 2020.
Based on standard PPP eligibility rules, Pepper Contracting Services Inc.'s total 2019 payroll expenses were approximately $12.01M in order to qualify for the PPP loan amount received.
Based on their reported 221 jobs retained, this equals an estimated average yearly compensation of $54,340 per employee1.
Business Information - Pepper Contracting Services Inc. in Tampa, FL
6920 Asphalt Ave.
Tampa, FL 33614
Business Industry
Highway, Street, and Bridge Construction (NAICS code 237310)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: FL-14Similar Companies near Tampa
In the Tampa area, 3 businesses in the "Highway, Street, and Bridge Construction" industry received a PPP loan. These local businesses reported an average of 74 employees (compared to this company's 221) and received an average PPP loan of $837,800 (compared to this company's $2.5M).
Similar Nearby Businesses Who Received PPP Funding:
Mesa Chavez Dea Trucking LLC
Tampa, FL
Dexter Trucking Services Inc
Tampa, FL
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 Pepper Contracting Services Inc.'s reported 221 employees, and received an average PPP loan of $405,656, 84% lower than this company's loan of $2.5M.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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