PPP Loan Data — Spartan Companies 300, LLC, Richmond, UT
Spartan Companies 300, LLC
Entity: Limited Liability Company (LLC)
Location: Richmond, UTTweet This • Search All PPP Data
Spartan Companies 300, LLC is a limited liability company (LLC) located at 116 West 100 in Richmond, Utah that received a Coronavirus-related PPP loan from the SBA of $7,071,700.00 in April, 2020.
$ PPP Loan Information
Lender:CACHE VALLEY BANK
Spartan Companies 300, LLC received a Paycheck Protection Loan of $7.07M through CACHE VALLEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Spartan Companies 300, LLC's total 2019 payroll expenses were approximately $33.94M in order to qualify for the PPP loan amount received.
Based on their reported 487 jobs retained, this equals an estimated average yearly compensation of $69,701 per employee1.
Business Information - Spartan Companies 300, LLC in Richmond, UT
116 West 100
Richmond, UT 84333
Oil and Gas Pipeline and Related Structures Construction (NAICS code 237120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: UT-01
Industry PPP Comparison Statistics
Nationwide, 1,513 businesses in the "Oil and Gas Pipeline and Related Structures Construction" industry received a total of $689,155,003.00 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 26 employees, 95% lower than Spartan Companies 300, LLC's reported 487 employees, and received an average PPP loan of $455,489, 94% lower than this company's loan of $7.07M.
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Footnotes & Information
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