PPP Loan Data — Sandman, Inc., San Jose, CA
Sandman, Inc. is a corporation located at 1404 S 7th St in San Jose, California that received a Coronavirus-related PPP loan from the SBA of $2,945,109.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 156 people during the applicable loan loan period.
$ PPP Loan Information
Sandman, Inc. in San Jose, CA received a Paycheck Protection Loan of $2.95M through PINNACLE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sandman, Inc.'s total 2019 payroll expenses were approximately $14.14M in order to qualify for the PPP loan amount received.
Based on their reported 156 jobs retained, this equals an estimated average yearly compensation of $90,619 per employee1.
Business Information - Sandman, Inc. in San Jose, CA
1404 S 7th St
San Jose, CA 95112
Ready-Mix Concrete Manufacturing (NAICS code 327320)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-19
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 Sandman, Inc.'s reported 156 employees, and received an average PPP loan of $368,210, 87% lower than this company's loan of $2.95M.
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Footnotes & Information
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