PPP Loan Data — Quality Construction & Production, LLC, Youngsville, LA
Quality Construction & Production, LLC is a limited liability company (LLC) located at 425 Griffin Road in Youngsville, Louisiana that received a Coronavirus-related PPP loan from the SBA of $2,972,300.00 in April, 2020.
The company has reported itself as a Hispanic male owned business, and employed at least 181 people during the applicable loan loan period.
$ PPP Loan Information
Lender:SOUTH LOUISIANA BANK
Quality Construction & Production, LLC received a Paycheck Protection Loan of $2.97M through SOUTH LOUISIANA BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Quality Construction & Production, LLC's total 2019 payroll expenses were approximately $14.27M in order to qualify for the PPP loan amount received.
Based on their reported 181 jobs retained, this equals an estimated average yearly compensation of $78,823 per employee1.
Business Information - Quality Construction & Production, LLC in Youngsville, LA
425 Griffin Road
Youngsville, LA 70592
Support Activities for Oil and Gas Operations (NAICS code 213112)
Business Owner Demographics
Race / Ethnicity: HISPANIC
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: LA-03
Similar Companies near Youngsville
In the Youngsville area, 31 businesses in the "Support Activities for Oil and Gas Operations" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 181) and received an average PPP loan of $314,743 (compared to this company's $2.97M).
Similar Nearby Businesses Who Received PPP Funding:
Monster House, LLC
Phillips Marine LLC
JN Land Services
Basin Chemical Solutions, LLC
M&A Safety Services, LLC
A Triple J LLC
RIG Fabrication And Repair, Inc
Flow Oil & Gas Services Inc
Industry PPP Comparison Statistics
Nationwide, 11,335 businesses in the "Support Activities for Oil and Gas Operations" industry received a total of $2,439,543,076.00 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 13 employees, 93% lower than Quality Construction & Production, LLC's reported 181 employees, and received an average PPP loan of $215,222, 93% lower than this company's loan of $2.97M.
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Footnotes & Information
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