PPP Loan Data — Sierra Mountain Construction, Inc, Sonora, CA
Sierra Mountain Construction, Inc is a corporation located at 13909 Mono Way in Sonora, California that received a Coronavirus-related PPP loan from the SBA of $2,791,436.00 in April, 2020.
The company has reported itself as a male owned business.
$ PPP Loan Information
Jobs Retained:0 Unreported
Lender:FARMERS & MERCHANTS BANK OF CENTRAL CALIFORNIA
Sierra Mountain Construction, Inc received a Paycheck Protection Loan of $2.79M through FARMERS & MERCHANTS BANK OF CENTRAL CALIFORNIA, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sierra Mountain Construction, Inc's total 2019 payroll expenses were approximately $13.4M in order to qualify for the PPP loan amount received.
Unlike most businesses, Sierra Mountain Construction, Inc's PPP data does not report the number of jobs retained by their receipt of the Paycheck Protection Loan (some banks did not release this infomation from their loan applications). Without this data, per-employee payrolls for this company cannot be estimated.
Business Information - Sierra Mountain Construction, Inc in Sonora, CA
13909 Mono Way
Sonora, CA 95370
Other Heavy and Civil Engineering Construction (NAICS code 237990)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: CA-04
Industry PPP Comparison Statistics
Nationwide, 5,686 businesses in the "Other Heavy and Civil Engineering Construction" industry received a total of $1,754,404,434.00 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 19 employees, and received an average PPP loan of $308,548, 89% lower than this company's loan of $2.79M.
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Footnotes & Information
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