PPP Loan Data — Shaw Brothers Construction Inc., Gorham, ME
Shaw Brothers Construction Inc. is a subchapter s corporation located at Po Box 69 in Gorham, Maine that received a Coronavirus-related PPP loan from the SBA of $3,786,100.00 in April, 2020.
$ PPP Loan Information
Lender:GORHAM SAVINGS BANK
Shaw Brothers Construction Inc. received a Paycheck Protection Loan of $3.79M through GORHAM SAVINGS BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Shaw Brothers Construction Inc.'s total 2019 payroll expenses were approximately $18.17M in order to qualify for the PPP loan amount received.
Based on their reported 214 jobs retained, this equals an estimated average yearly compensation of $84,922 per employee1.
Business Information - Shaw Brothers Construction Inc. in Gorham, ME
Po Box 69
Gorham, ME 4038
Site Preparation Contractors (NAICS code 238910)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: ME-01
Similar Companies near Gorham
In the Gorham area, 9 businesses in the "Site Preparation Contractors" industry received a PPP loan. These local businesses reported an average of 30 employees (compared to this company's 214) and received an average PPP loan of $493,204 (compared to this company's $3.79M).
Similar Nearby Businesses Who Received PPP Funding:
Robert A Skilling & Sons Excavation LLC
R H Perry Excavating, Inc
P&B Paving Inc
Steven R. Johnson
Wilkinson Excavation Inc.
K C Hamilton & Sons, Inc.
Shaw Earthworks, Inc.
Woods Excavationg, LLC
Industry PPP Comparison Statistics
Nationwide, 17,653 businesses in the "Site Preparation Contractors" industry received a total of $2,959,828,729.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 94% lower than Shaw Brothers Construction Inc.'s reported 214 employees, and received an average PPP loan of $167,667, 96% lower than this company's loan of $3.79M.
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