PPP Loan Data — Sutter Roofing Co Of Florida, Sarasota, FL
Sutter Roofing Co Of Florida is a subchapter s corporation located at 8284 Vico Ct in Sarasota, Florida that received a Coronavirus-related PPP loan from the SBA of $3,146,100.00 in April, 2020.
$ PPP Loan Information
Lender:PNC BANK, NATIONAL ASSOCIATION
Sutter Roofing Co Of Florida received a Paycheck Protection Loan of $3.15M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Sutter Roofing Co Of Florida's total 2019 payroll expenses were approximately $15.1M in order to qualify for the PPP loan amount received.
Based on their reported 250 jobs retained, this equals an estimated average yearly compensation of $60,405 per employee1.
Business Information - Sutter Roofing Co Of Florida in Sarasota, FL
8284 Vico Ct
Sarasota, FL 34240
Roofing Contractors (NAICS code 238160)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: FL-16
Similar Companies near Sarasota
In the Sarasota area, 11 businesses in the "Roofing Contractors" industry received a PPP loan. These local businesses reported an average of 89 employees (compared to this company's 250) and received an average PPP loan of $1,092,631 (compared to this company's $3.15M).
Similar Nearby Businesses Who Received PPP Funding:
Yoder Roofing Inc.
Southeast Roofing Consultants, Inc.
Red Dog's Roofing Of Florida Inc
Pro Roofing Services Of Florida, Inc
Gary W. Curry, Inc.
Armour Roofing, Inc.
Shewski Roofing Inc
Crown Roofing LLC
Industry PPP Comparison Statistics
Nationwide, 13,327 businesses in the "Roofing Contractors" industry received a total of $1,896,438,811.00 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 12 employees, 95% lower than Sutter Roofing Co Of Florida's reported 250 employees, and received an average PPP loan of $142,301, 95% lower than this company's loan of $3.15M.
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