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PPP Loan Data — Thomas Egan Wendt DBA Tcw Concrete, Rocklin, CA

SBA PPP loan data, payroll data, and salaries for Thomas Egan Wendt DBA Tcw Concrete
CA

Thomas Egan Wendt DBA Tcw Concrete

Entity: Sole Proprietorship

Industry: Poured Concrete Foundation and Structure Contractors

Location: Rocklin, CA

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Thomas Egan Wendt DBA Tcw Concrete is a sole proprietorship located at 4620 Durham Rd in Rocklin, California that received a Coronavirus-related PPP loan from the SBA of $4,780.00 in May, 2020.

$ PPP Loan Information

Loan Size:

$4,780

Jobs Retained:

3

Loan Approved:

2020-05-04

Lender:

JPMORGAN CHASE BANK, NATIONAL ASSOCIATION

Thomas Egan Wendt DBA Tcw Concrete received a Paycheck Protection Loan of $4,780 through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in May, 2020.

Based on standard PPP eligibility rules, Thomas Egan Wendt DBA Tcw Concrete's total 2019 payroll expenses were approximately $22,944 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 $7,648 per employee1.

Business Information - Thomas Egan Wendt DBA Tcw Concrete in Rocklin, CA

Thomas Egan Wendt DBA Tcw Concrete
4620 Durham Rd
Rocklin, CA 95765

Business Industry

Poured Concrete Foundation and Structure Contractors (NAICS code 238110)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-04

Similar Companies near Rocklin

In the Rocklin area, 2 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a PPP loan. These local businesses reported an average of 126 employees (compared to this company's 3) and received an average PPP loan of $2,190,040 (compared to this company's $4,780).

Similar Nearby Businesses Who Received PPP Funding:

Camblin Steel Service, Inc.
Rocklin, CA

$4.38M PPP Loan

Industry PPP Comparison Statistics

Nationwide, 12,254 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a total of $2,172,253,420.00 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 14 employees, 367% higher than Thomas Egan Wendt DBA Tcw Concrete's reported 3 employees, and received an average PPP loan of $177,269, 3609% higher than this company's loan of $4,780.

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.

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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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Source: www.federalpay.org/paycheck-protection-program/thomas-egan-wendt-dba-tcw-concrete-rocklin-ca