PPP Loan Data — Rick Shipman Construction, Inc., Dexter, MO
Rick Shipman Construction, Inc.
Location: Dexter, MOTweet This • Search All PPP Data
Rick Shipman Construction, Inc. is a corporation located at 15018 County Road 413 in Dexter, Missouri that received a Coronavirus-related PPP loan from the SBA of $2,904,900.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST MIDWEST BANK OF THE OZARKS
Rick Shipman Construction, Inc. in Dexter, MO received a Paycheck Protection Loan of $2.9M through FIRST MIDWEST BANK OF THE OZARKS, which was approved in April, 2020.
Based on standard PPP eligibility rules, Rick Shipman Construction, Inc.'s total 2019 payroll expenses were approximately $13.94M in order to qualify for the PPP loan amount received.
Based on their reported 198 jobs retained, this equals an estimated average yearly compensation of $70,422 per employee1.
Business Information - Rick Shipman Construction, Inc. in Dexter, MO
15018 County Road 413
Dexter, MO 63841
Commercial and Institutional Building Construction (NAICS code 236220)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MO-08
Similar Companies near Dexter
In the Dexter area, 7 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 37 employees (compared to this company's 198) and received an average PPP loan of $495,000 (compared to this company's $2.9M).
Similar Nearby Businesses Who Received PPP Funding:
Willco Construction LLC
Garett Hutchcraft Construction LLC
Coastal Bay Inc.
Brown Construction Company, Inc
Jeffrey F. Dukes
JR Kennedy Construction, LLC
Industry PPP Comparison Statistics
Nationwide, 39,925 businesses in the "Commercial and Institutional Building Construction" industry received a total of $8,114,153,480.00 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 13 employees, 93% lower than Rick Shipman Construction, Inc.'s reported 198 employees, and received an average PPP loan of $203,235, 93% lower than this company's loan of $2.9M.
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