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PPP Loan Data — Robert Heely Construction, LP,
Bakersfield, CA
Robert Heely Construction, LP
Entity: Partnership
Industry: Oil and Gas Pipeline and Related Structures Construction
Location: Bakersfield, CA
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Robert Heely Construction, LP is a partnership located at 5401 Woodmere Dr. in Bakersfield, California that received a Coronavirus-related PPP loan from the SBA of $3,378,900.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 318 people during the applicable loan loan period.
$ PPP Loan Information
Loan Size:
Jobs Retained:
318Loan Approved:
2020-04-11Lender:
VALLEY REPUBLIC BANKRobert Heely Construction, LP in Bakersfield, CA received a Paycheck Protection Loan of $3.38M through VALLEY REPUBLIC BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Robert Heely Construction, LP's total 2019 payroll expenses were approximately $16.22M in order to qualify for the PPP loan amount received.
Based on their reported 318 jobs retained, this equals an estimated average yearly compensation of $51,002 per employee1.
Business Information - Robert Heely Construction, LP in Bakersfield, CA
5401 Woodmere Dr.
Bakersfield, CA 93313
Business Industry
Oil and Gas Pipeline and Related Structures Construction (NAICS code 237120)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERAN
Congressional District: CA-21Similar Companies near Bakersfield
In the Bakersfield area, 7 businesses in the "Oil and Gas Pipeline and Related Structures Construction" industry received a PPP loan. These local businesses reported an average of 51 employees (compared to this company's 318) and received an average PPP loan of $574,799 (compared to this company's $3.38M).
Similar Nearby Businesses Who Received PPP Funding:
Mark Sheffield Construction Inc
Bakersfield, CA
RJG Inc
Bakersfield, CA
Crider Construction,Inc
Bakersfield, CA
Falcon Services & Construction, Inc.
Bakersfield, CA
R & O Fishing Tools, Inc.
Bakersfield, CA
Robert Heely Inc.
Bakersfield, CA
Industry PPP Comparison Statistics
Nationwide, 1,513 businesses in the "Oil and Gas Pipeline and Related Structures Construction" industry received a total of $689,155,003.00 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 26 employees, 92% lower than Robert Heely Construction, LP's reported 318 employees, and received an average PPP loan of $455,489, 87% lower than this company's loan of $3.38M.
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, 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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