PPP Loan Data — Power Plant Technical Services, LLC, Stuart, FL
Power Plant Technical Services, LLC is a limited liability company (LLC) located in Stuart, Florida that received a Coronavirus-related PPP loan from the SBA of $25,000.00 in May, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Bank of America, National Association
Power Plant Technical Services, LLC in Stuart, FL received a Paycheck Protection Loan of $25,000 through Bank of America, National Association, which was approved in May, 2020.
The minimum number of employees this company must have had in 2019 to qualify for the loan range received is 1. This estimation is accurate if all employees were paid at or over the $100k PPP salary eligibility cap.
Reported PPP Proceed Usage:
On the PPP application, Power Plant Technical Services, LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,000
Business Information - Power Plant Technical Services, LLC in Stuart, FL
* Full address is redacted to protect the privacy of individuals.
NAICS code 541330
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Stuart
In the Stuart area, 13 businesses in the "Engineering Services" industry received a PPP loan. These local businesses reported an average of 6 employees (compared to this company's 1) and received an average PPP loan of $114,090 (compared to this company's $25,000).
Similar Nearby Businesses Who Received PPP Funding:
Giangrande Engineering And Planning, LLC
Unew, Inc F/K/A Ets Power Group Inc
Five-O Building Inspections, Inc
Patrick Laconte DBA Laconte Engineering
Industry PPP Comparison Statistics
Nationwide, 47,152 businesses in the "Engineering Services" industry received a total of $9.19B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 13 employees, 1200% higher than Power Plant Technical Services, LLC's reported 1 employees, and received an average PPP loan of $194,873, 679% higher than this company's loan of $25,000.
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Footnotes & Information
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