PPP Loan Data — Silverline Construction Inc, Gardena, CA
Silverline Construction Inc is a subchapter s corporation located at 1421 W. 132nd St in Gardena, California that received a Coronavirus-related PPP loan from the SBA of $4,345,100.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 345 people during the applicable loan loan period.
$ PPP Loan Information
Lender:EAST WEST BANK
Silverline Construction Inc received a Paycheck Protection Loan of $4.35M through EAST WEST BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Silverline Construction Inc's total 2019 payroll expenses were approximately $20.86M in order to qualify for the PPP loan amount received.
Based on their reported 345 jobs retained, this equals an estimated average yearly compensation of $60,454 per employee1.
Business Information - Silverline Construction Inc in Gardena, CA
1421 W. 132nd St
Gardena, CA 90249
Industrial Building Construction (NAICS code 236210)
Business Owner Demographics
Race / Ethnicity: WHITE
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: CA-43
Similar Companies near Gardena
In the Gardena area, 2 businesses in the "Industrial Building Construction" industry received a PPP loan. These local businesses reported an average of 173 employees (compared to this company's 345) and received an average PPP loan of $2,173,451 (compared to this company's $4.35M).
Similar Nearby Businesses Who Received PPP Funding:
Industry PPP Comparison Statistics
Nationwide, 7,553 businesses in the "Industrial Building Construction" industry received a total of $1,532,091,139.00 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 13 employees, 96% lower than Silverline Construction Inc's reported 345 employees, and received an average PPP loan of $202,845, 95% lower than this company's loan of $4.35M.
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Footnotes & Information
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