PPP Loan Data — Precision Concrete Construction Inc, Alpharetta, GA
Precision Concrete Construction Inc
Location: Alpharetta, GATweet This • Search All PPP Data
Precision Concrete Construction Inc is a corporation located at 2075 Brandon Trl in Alpharetta, Georgia that received a Coronavirus-related PPP loan from the SBA of $2,500,000.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 380 people during the applicable loan loan period.
$ PPP Loan Information
Lender:METRO CITY BANK
Precision Concrete Construction Inc received a Paycheck Protection Loan of $2.5M through METRO CITY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Precision Concrete Construction Inc's total 2019 payroll expenses were approximately $12M in order to qualify for the PPP loan amount received.
Based on their reported 380 jobs retained, this equals an estimated average yearly compensation of $31,579 per employee1.
Business Information - Precision Concrete Construction Inc in Alpharetta, GA
2075 Brandon Trl
Alpharetta, GA 30004
Poured Concrete Foundation and Structure Contractors (NAICS code 238110)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: GA-07
Similar Companies near Alpharetta
In the Alpharetta area, 6 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a PPP loan. These local businesses reported an average of 81 employees (compared to this company's 380) and received an average PPP loan of $598,800 (compared to this company's $2.5M).
Similar Nearby Businesses Who Received PPP Funding:
Southeast Concrete Systems, Inc.
Mark's Foundations, Inc.
Rite-Way Foundations, Inc.
Industry PPP Comparison Statistics
Nationwide, 12,254 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a total of $2,172,253,420.00 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 14 employees, 96% lower than Precision Concrete Construction Inc's reported 380 employees, and received an average PPP loan of $177,269, 93% lower than this company's loan of $2.5M.
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