PPP Loan Data — R.W. Mercer Co., Jackson, MI
R.W. Mercer Co. is a corporation located at 2322 Brooklyn Road in Jackson, Michigan that received a Coronavirus-related PPP loan from the SBA of $2,642,095.00 in April, 2020.
$ PPP Loan Information
Lender:COUNTY NATIONAL BANK
R.W. Mercer Co. in Jackson, MI received a Paycheck Protection Loan of $2.64M through COUNTY NATIONAL BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, R.W. Mercer Co.'s total 2019 payroll expenses were approximately $12.68M in order to qualify for the PPP loan amount received.
Based on their reported 187 jobs retained, this equals an estimated average yearly compensation of $67,818 per employee1.
Business Information - R.W. Mercer Co. in Jackson, MI
2322 Brooklyn Road
Jackson, MI 49203
Industrial Building Construction (NAICS code 236210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-07
Similar Companies near Jackson
In the Jackson area, 2 businesses in the "Industrial Building Construction" industry received a PPP loan. These local businesses reported an average of 96 employees (compared to this company's 187) and received an average PPP loan of $1,356,011 (compared to this company's $2.64M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 7,553 businesses in the "Industrial Building Construction" industry received a total of $1,532,091,139.00 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 13 employees, 93% lower than R.W. Mercer Co.'s reported 187 employees, and received an average PPP loan of $202,845, 92% lower than this company's loan of $2.64M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!