PPP Loan Data — Robinson Bros. Constr., Inc, Vancouver, WA
Robinson Bros. Constr., Inc
Location: Vancouver, WATweet This • Search All PPP Data
Robinson Bros. Constr., Inc is a corporation located at 6150 Ne 137th Ave in Vancouver, Washington that received a Coronavirus-related PPP loan from the SBA of $1,962,382.00 in April, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:Columbia State Bank
Robinson Bros. Constr., Inc in Vancouver, WA received a Paycheck Protection Loan of $1.96M through Columbia State Bank, which was approved in April, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.
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, Robinson Bros. Constr., Inc's 2019 payroll expenses are estimated to be at least $9.42M.
Based on their reported 117 jobs retained, this equals an estimated average yearly compensation of $80,508 per employee1
Reported PPP Proceed Usage:
On the PPP application, Robinson Bros. Constr., Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,962,382
Business Information - Robinson Bros. Constr., Inc in Vancouver, WA
6150 Ne 137th Ave
Vancouver, WA 98682
Power and Communication Line and Related Structures Construction
NAICS code 237130
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Industry PPP Comparison Statistics
Nationwide, 4,817 businesses in the "Power and Communication Line and Related Structures Construction" industry received a total of $1.06B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.
PPP recipients in this industry report an average of 17 employees, 85% lower than Robinson Bros. Constr., Inc's reported 117 employees, and received an average PPP loan of $219,213, 89% lower than this company's loan of $1.96M.
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Footnotes & Information
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