PPP Loan Data — Sheehan Construction, Inc., Napa, CA
Sheehan Construction, Inc. is a corporation located at 477 Devlin Rd, Ste 108 in Napa, California that received a Coronavirus-related PPP loan from the SBA of $2,784,013.00 in April, 2020.
$ PPP Loan Information
Sheehan Construction, Inc. in Napa, CA received a Paycheck Protection Loan of $2.78M through EXCHANGE BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sheehan Construction, Inc.'s total 2019 payroll expenses were approximately $13.36M in order to qualify for the PPP loan amount received.
Based on their reported 313 jobs retained, this equals an estimated average yearly compensation of $42,694 per employee1.
Business Information - Sheehan Construction, Inc. in Napa, CA
477 Devlin Rd, Ste 108
Napa, CA 94558
Framing Contractors (NAICS code 238130)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-05
Similar Companies near Napa
In the Napa area, 3 businesses in the "Framing Contractors" industry received a PPP loan. These local businesses reported an average of 114 employees (compared to this company's 313) and received an average PPP loan of $1,136,842 (compared to this company's $2.78M).
Similar Nearby Businesses Who Received PPP Funding:
Western C Builders, Inc.
Mr Doors & More, Inc
Industry PPP Comparison Statistics
Nationwide, 4,834 businesses in the "Framing Contractors" industry received a total of $495,274,048.00 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, 97% lower than Sheehan Construction, Inc.'s reported 313 employees, and received an average PPP loan of $102,456, 96% lower than this company's loan of $2.78M.
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, and is published unmodified, as provided by the SBA.
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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