PPP Loan Data — Quantum Construction LLC, Auburn Hills, MI
Quantum Construction LLC is a limited liability company (LLC) located at 1030 Doris Rd in Auburn Hills, Michigan that received a Coronavirus-related PPP loan from the SBA of $3,906,900.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Quantum Construction LLC in Auburn Hills, MI received a Paycheck Protection Loan of $3.91M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Quantum Construction LLC's total 2019 payroll expenses were approximately $18.75M 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 $49,350 per employee1.
Business Information - Quantum Construction LLC in Auburn Hills, MI
1030 Doris Rd
Auburn Hills, MI 48326
Other Concrete Product Manufacturing (NAICS code 327390)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-11
Industry PPP Comparison Statistics
Nationwide, 1,005 businesses in the "Other Concrete Product Manufacturing" industry received a total of $284,964,400.00 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 22 employees, 94% lower than Quantum Construction LLC's reported 380 employees, and received an average PPP loan of $283,547, 93% lower than this company's loan of $3.91M.
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Footnotes & Information
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