PPP Loan Data — Sure Steel, Inc, Ogden, UT
Sure Steel, Inc is a corporation located at 7528 Cornia Dr in Ogden, Utah that received a Coronavirus-related PPP loan from the SBA of $3,746,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 233 people during the applicable loan loan period.
$ PPP Loan Information
Lender:CACHE VALLEY BANK
Sure Steel, Inc in Ogden, UT received a Paycheck Protection Loan of $3.75M through CACHE VALLEY BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sure Steel, Inc's total 2019 payroll expenses were approximately $17.98M in order to qualify for the PPP loan amount received.
Based on their reported 233 jobs retained, this equals an estimated average yearly compensation of $77,171 per employee1.
Business Information - Sure Steel, Inc in Ogden, UT
7528 Cornia Dr
Ogden, UT 84405
All Other Specialty Trade Contractors (NAICS code 238990)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: UT-01
Similar Companies near Ogden
In the Ogden area, 22 businesses in the "All Other Specialty Trade Contractors" industry received a PPP loan. These local businesses reported an average of 26 employees (compared to this company's 233) and received an average PPP loan of $250,311 (compared to this company's $3.75M).
Similar Nearby Businesses Who Received PPP Funding:
Regency Construction Inc
Solar Ready Solutions, LLC
Fenced In, Inc.
Nelson Intermountain Crane
Absolute Disaster Restoration Inc
Altered Edge Curbing Inc.
Halling Custom Fence
Industry PPP Comparison Statistics
Nationwide, 44,474 businesses in the "All Other Specialty Trade Contractors" industry received a total of $5,068,221,395.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 9 employees, 96% lower than Sure Steel, Inc's reported 233 employees, and received an average PPP loan of $113,959, 97% lower than this company's loan of $3.75M.
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Footnotes & Information
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