PPP Loan Data — Robert E. Waller Builders, Inc, Ocala, FL
Robert E. Waller Builders, Inc
Entity: Subchapter S Corporation
Location: Ocala, FLTweet This • Search All PPP Data
Robert E. Waller Builders, Inc is a subchapter s corporation located at 8901 Nw 136th Avenue Rd in Ocala, Florida that received a Coronavirus-related PPP loan from the SBA of $25,120.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Robert E. Waller Builders, Inc in Ocala, FL received a Paycheck Protection Loan of $25,120 through Midflorida CU, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Robert E. Waller Builders, Inc's 2019 payroll expenses are estimated to be at least $120,576.
Based on their reported 4 jobs retained, this equals an estimated average yearly compensation of $30,144 per employee1
Reported PPP Proceed Usage:
On the PPP application, Robert E. Waller Builders, Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,120
Business Information - Robert E. Waller Builders, Inc in Ocala, FL
8901 Nw 136th Avenue Rd
Ocala, FL 34482
New Single-Family Housing Construction (except For-Sale Builders)
NAICS code 236115
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: N
Rural / Urban: Rural
Similar Companies near Ocala
In the Ocala area, 7 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 4 employees (compared to this company's 4) and received an average PPP loan of $19,254 (compared to this company's $25,120).
Similar Nearby Businesses Who Received PPP Funding:
Community Construction Of Marion County
By The Carpenters Hands Inc
Infield Equine LLC
Payne Property Preservation
Mccarson Electrical Service LLC
K & S Roofing Group LLC
Industry PPP Comparison Statistics
Nationwide, 127,156 businesses in the "New Single-Family Housing Construction (except For-Sale Builders)" industry received a total of $5.75B in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 5 employees, 25% higher than Robert E. Waller Builders, Inc's reported 4 employees, and received an average PPP loan of $45,182, 80% higher than this company's loan of $25,120.
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Footnotes & Information
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