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PPP Loan Data — Pslq, Inc,
Perris, CA
Pslq, Inc
Entity: Subchapter S Corporation
Industry: Poured Concrete Foundation and Structure Contractors
Location: Perris, CA
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Pslq, Inc is a subchapter s corporation located at 18890 Seaton Ave in Perris, California that received a Coronavirus-related PPP loan from the SBA of $3,985,000.00 in June, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
464Loan Approved:
2020-06-16Lender:
ZIONS BANK, A DIVISION OFPslq, Inc received a Paycheck Protection Loan of $3.99M through ZIONS BANK, A DIVISION OF, which was approved in June, 2020.
Based on standard PPP eligibility rules, Pslq, Inc's total 2019 payroll expenses were approximately $19.13M in order to qualify for the PPP loan amount received.
Based on their reported 464 jobs retained, this equals an estimated average yearly compensation of $41,224 per employee1.
Business Information - Pslq, Inc in Perris, CA
18890 Seaton Ave
Perris, CA 92570
Business Industry
Poured Concrete Foundation and Structure Contractors (NAICS code 238110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: CA-41Similar Companies near Perris
In the Perris area, 3 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a PPP loan. These local businesses reported an average of 155 employees (compared to this company's 464) and received an average PPP loan of $1,383,113 (compared to this company's $3.99M).
Similar Nearby Businesses Who Received PPP Funding:
VMV Concrete Construction
Perris, CA
AB Concrete Inc
Perris, CA
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, 97% lower than Pslq, Inc's reported 464 employees, and received an average PPP loan of $177,269, 96% lower than this company's loan of $3.99M.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) 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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