PPP Loan Data — Sagamore Ready Mix, LLC, Fishers, IN
Sagamore Ready Mix, LLC is a limited liability company (LLC) located at 9170 E 131st Street in Fishers, Indiana that received a Coronavirus-related PPP loan from the SBA of $2,463,000.00 in April, 2020.
$ PPP Loan Information
Lender:BMO HARRIS BANK NATIONAL ASSOCIATION
Sagamore Ready Mix, LLC received a Paycheck Protection Loan of $2.46M through BMO HARRIS BANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sagamore Ready Mix, LLC's total 2019 payroll expenses were approximately $11.82M in order to qualify for the PPP loan amount received.
Based on their reported 152 jobs retained, this equals an estimated average yearly compensation of $77,779 per employee1.
Business Information - Sagamore Ready Mix, LLC in Fishers, IN
9170 E 131st Street
Fishers, IN 46038
Ready-Mix Concrete Manufacturing (NAICS code 327320)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: IN-05
Industry PPP Comparison Statistics
Nationwide, 1,205 businesses in the "Ready-Mix Concrete Manufacturing" industry received a total of $443,693,471.00 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, 83% lower than Sagamore Ready Mix, LLC's reported 152 employees, and received an average PPP loan of $368,210, 85% lower than this company's loan of $2.46M.
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Footnotes & Information
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