PPP Loan Data — T Square Construction Inc, Warren, MI
T Square Construction Inc is a corporation located at 6024 Mackersie Ave in Warren, Michigan that received a Coronavirus-related PPP loan from the SBA of $15,010.00 in June, 2020.
$ PPP Loan Information
Lender:INTUIT FINANCING INC.
T Square Construction Inc received a Paycheck Protection Loan of $15,010 through INTUIT FINANCING INC., which was approved in June, 2020.
Based on standard PPP eligibility rules, T Square Construction Inc's total 2019 payroll expenses were approximately $72,048 in order to qualify for the PPP loan amount received.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $24,016 per employee1.
Business Information - T Square Construction Inc in Warren, MI
6024 Mackersie Ave
Warren, MI 48091
Highway, Street, and Bridge Construction (NAICS code 237310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MI-09
Similar Companies near Warren
In the Warren area, 4 businesses in the "Highway, Street, and Bridge Construction" industry received a PPP loan. These local businesses reported an average of 121 employees (compared to this company's 3) and received an average PPP loan of $1,968,931 (compared to this company's $15,010).
Similar Nearby Businesses Who Received PPP Funding:
Angelo Iafrate Construction Company
Zuniga Cement Construction, Inc.
Hutch Paving, Incorporated
Industry PPP Comparison Statistics
Nationwide, 7,070 businesses in the "Highway, Street, and Bridge Construction" industry received a total of $2,867,987,409.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 26 employees, 767% higher than T Square Construction Inc's reported 3 employees, and received an average PPP loan of $405,656, 2603% higher than this company's loan of $15,010.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
Footnotes & Information
1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.
2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.
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