PPP Loan Data — Prime Communications Inc, Elkhorn, NE
Prime Communications Inc
Location: Elkhorn, NETweet This • Search All PPP Data
Prime Communications Inc is a corporation located at 22145 W Maple Rd in Elkhorn, Nebraska that received a Coronavirus-related PPP loan from the SBA of $2,509,000.00 in April, 2020.
The company has reported itself as a White owned business, and employed at least 191 people during the applicable loan loan period.
$ PPP Loan Information
Prime Communications Inc received a Paycheck Protection Loan of $2.51M through ARBOR BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Prime Communications Inc's total 2019 payroll expenses were approximately $12.04M in order to qualify for the PPP loan amount received.
Based on their reported 191 jobs retained, this equals an estimated average yearly compensation of $63,053 per employee1.
Business Information - Prime Communications Inc in Elkhorn, NE
22145 W Maple Rd
Elkhorn, NE 68022
Electrical Contractors and Other Wiring Installation Contractors (NAICS code 238210)
Business Owner Demographics
Race / Ethnicity: WHITE
Veteran Status: UnreportedCongressional District: NE-02
Similar Companies near Elkhorn
In the Elkhorn area, 10 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a PPP loan. These local businesses reported an average of 22 employees (compared to this company's 191) and received an average PPP loan of $299,486 (compared to this company's $2.51M).
Similar Nearby Businesses Who Received PPP Funding:
Jake Electric LLC
Heartland Electrical Sales
Ozzy Fiber Construction Inc
DU-Rite Electric, Inc.
Uleman Electrical Contracting Inc
Fort Calhoun, NE
Sellhorst Security And Sound, Inc
5G Electric Inc
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, 94% lower than Prime Communications Inc's reported 191 employees, and received an average PPP loan of $181,171, 93% lower than this company's loan of $2.51M.
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