PPP Loan Data — The Baton Rouge Water Works Company, Baton Rouge, LA
The Baton Rouge Water Works Company is a corporation located at 8755 Goodwood Blvd in Baton Rouge, Louisiana that received a Coronavirus-related PPP loan from the SBA of $3,190,932.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HORIZON BANK
The Baton Rouge Water Works Company in Baton Rouge, LA received a Paycheck Protection Loan of $3.19M through FIRST HORIZON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, The Baton Rouge Water Works Company's total 2019 payroll expenses were approximately $15.32M in order to qualify for the PPP loan amount received.
Based on their reported 271 jobs retained, this equals an estimated average yearly compensation of $56,518 per employee1.
Business Information - The Baton Rouge Water Works Company in Baton Rouge, LA
8755 Goodwood Blvd
Baton Rouge, LA 70806
Water Supply and Irrigation Systems (NAICS code 221310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: LA-06
Similar Companies near Baton Rouge
In the Baton Rouge area, 2 businesses in the "Water Supply and Irrigation Systems" industry received a PPP loan. These local businesses reported an average of 176 employees (compared to this company's 271) and received an average PPP loan of $2,007,049 (compared to this company's $3.19M).
Similar Nearby Businesses Who Received PPP Funding:
Louisiana Water Company
Baton Rouge, LA
Industry PPP Comparison Statistics
Nationwide, 3,018 businesses in the "Water Supply and Irrigation Systems" industry received a total of $329,761,255.00 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 10 employees, 96% lower than The Baton Rouge Water Works Company's reported 271 employees, and received an average PPP loan of $109,265, 97% lower than this company's loan of $3.19M.
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Footnotes & Information
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