PPP Loan Data — Triangle Brick Company, Durham, NC
Triangle Brick Company
Location: Durham, NCTweet This • Search All PPP Data
Triangle Brick Company is a corporation located at 6523 Nc Hwy 55 in Durham, North Carolina that received a Coronavirus-related PPP loan from the SBA of $3,404,000.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 266 people during the applicable loan loan period.
$ PPP Loan Information
Lender:FIRST-CITIZENS BANK & TRUST COMPANY
Triangle Brick Company in Durham, NC received a Paycheck Protection Loan of $3.4M through FIRST-CITIZENS BANK & TRUST COMPANY, which was approved in April, 2020.
Based on standard PPP eligibility rules, Triangle Brick Company's total 2019 payroll expenses were approximately $16.34M in order to qualify for the PPP loan amount received.
Based on their reported 266 jobs retained, this equals an estimated average yearly compensation of $61,426 per employee1.
Business Information - Triangle Brick Company in Durham, NC
6523 Nc Hwy 55
Durham, NC 27713
Brick, Stone, and Related Construction Material Merchant Wholesalers (NAICS code 423320)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: UnreportedCongressional District: NC-04
Industry PPP Comparison Statistics
Nationwide, 2,253 businesses in the "Brick, Stone, and Related Construction Material Merchant Wholesalers" industry received a total of $372,043,686.00 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 13 employees, 95% lower than Triangle Brick Company's reported 266 employees, and received an average PPP loan of $165,133, 95% lower than this company's loan of $3.4M.
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Footnotes & Information
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