PPP Loan Data — SAS Construction Inc, Sparks, NV
SAS Construction Inc
Location: Sparks, NVTweet This • Search All PPP Data
SAS Construction Inc is a corporation located at 340 Freeport Blvd Unit 2 in Sparks, Nevada that received a Coronavirus-related PPP loan from the SBA of $79,263.00 in April, 2020.
$ PPP Loan Information
SAS Construction Inc received a Paycheck Protection Loan of $79,263 through GLACIER BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, SAS Construction Inc's total 2019 payroll expenses were approximately $380,462 in order to qualify for the PPP loan amount received.
Based on their reported 10 jobs retained, this equals an estimated average yearly compensation of $38,046 per employee1.
Business Information - SAS Construction Inc in Sparks, NV
340 Freeport Blvd Unit 2
Sparks, NV 89431
New Multifamily Housing Construction (except For-Sale Builders) (NAICS code 236116)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: NV-02
Similar Companies near Sparks
In the Sparks area, 4 businesses in the "New Multifamily Housing Construction (except For-Sale Builders)" industry received a PPP loan. These local businesses reported an average of 66 employees (compared to this company's 10) and received an average PPP loan of $1,665,605 (compared to this company's $79,263).
Similar Nearby Businesses Who Received PPP Funding:
Triangle Builders Of Nevada, Inc.
Sierra Nevada Construction, Inc.
APS Group Inc.
Industry PPP Comparison Statistics
Nationwide, 7,088 businesses in the "New Multifamily Housing Construction (except For-Sale Builders)" industry received a total of $764,634,216.00 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 8 employees, 20% lower than SAS Construction Inc's reported 10 employees, and received an average PPP loan of $107,877, 36% higher than this company's loan of $79,263.
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, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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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