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PPP Loan Data — S.D. Ireland Concrete Construction Corporation, Williston, VT

SBA PPP loan data, payroll data, and salaries for S.D. Ireland Concrete Construction Corporation
VT

S.D. Ireland Concrete Construction Corporation

Entity: Subchapter S Corporation

Industry: Poured Concrete Foundation and Structure Contractors

Location: Williston, VT

Search All PPP Data

S.D. Ireland Concrete Construction Corporation is a subchapter s corporation located at 193 Industrial Avenue in Williston, Vermont that received a Coronavirus-related PPP loan from the SBA of $3,337,365.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 200 people during the applicable loan loan period.

$ PPP Loan Information

Loan Size:

$3.34M

Jobs Retained:

200

Loan Approved:

2020-04-14

Lender:

COMMUNITY BANK, NATIONAL ASSOCIATION

S.D. Ireland Concrete Construction Corporation received a Paycheck Protection Loan of $3.34M through COMMUNITY BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.

Based on standard PPP eligibility rules, S.D. Ireland Concrete Construction Corporation's total 2019 payroll expenses were approximately $16.02M in order to qualify for the PPP loan amount received.

Based on their reported 200 jobs retained, this equals an estimated average yearly compensation of $80,097 per employee1.

Because the loan received by S.D. Ireland Concrete Construction Corporation is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - S.D. Ireland Concrete Construction Corporation in Williston, VT

S.D. Ireland Concrete Construction Corporation
193 Industrial Avenue
Williston, VT 5495

Business Industry

Poured Concrete Foundation and Structure Contractors (NAICS code 238110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: MALE OWNED

Veteran Status: NON-VETERAN

Congressional District: VT-

Similar Companies near Williston

In the Williston area, 2 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a PPP loan. These local businesses reported an average of 152 employees (compared to this company's 200) and received an average PPP loan of $2,481,753 (compared to this company's $3.34M).

Similar Nearby Businesses Who Received PPP Funding:

S.D. Ireland Brothers Corporation
Williston, VT

$1.63M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 12,254 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a total of $2,172,253,420.00 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 14 employees, 93% lower than S.D. Ireland Concrete Construction Corporation's reported 200 employees, and received an average PPP loan of $177,269, 95% lower than this company's loan of $3.34M.

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.

Search FederalPay's Full PPP Loan Database

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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/sd-ireland-concrete-construction-corporation-williston-vt