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PPP Loan Data — UCI Construction Holding Company, Concord, CA

SBA PPP loan data, payroll data, and salaries for UCI Construction Holding Company
CA

UCI Construction Holding Company

Entity: Subchapter S Corporation

Industry: All Other Professional, Scientific, and Technical Services

Location: Concord, CA

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UCI Construction Holding Company is a subchapter s corporation located at P O Box 5547 in Concord, California that received a Coronavirus-related PPP loan from the SBA of $3,058,200.00 in April, 2020.

$ PPP Loan Information

Loan Size:

$3.06M

Jobs Retained:

156

Loan Approved:

2020-04-09

Lender:

MECHANICS BANK

UCI Construction Holding Company received a Paycheck Protection Loan of $3.06M through MECHANICS BANK, which was approved in April, 2020.

Based on standard PPP eligibility rules, UCI Construction Holding Company's total 2019 payroll expenses were approximately $14.68M in order to qualify for the PPP loan amount received.

Based on their reported 156 jobs retained, this equals an estimated average yearly compensation of $94,098 per employee1.

Because the loan received by UCI Construction Holding Company is at least $2M dollars, it is subject to a full review by the SBA to ensure eligibility and compliance with PPP program requirements.

Business Information - UCI Construction Holding Company in Concord, CA

UCI Construction Holding Company
P O Box 5547
Concord, CA 94524

Business Industry

All Other Professional, Scientific, and Technical Services (NAICS code 541990)

Business Owner Demographics

Race / Ethnicity: Unreported

Gender: Unreported

Veteran Status: Unreported

Congressional District: CA-11

Similar Companies near Concord

In the Concord area, 19 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a PPP loan. These local businesses reported an average of 21 employees (compared to this company's 156) and received an average PPP loan of $324,200 (compared to this company's $3.06M).

Industry PPP Comparison Statistics

Nationwide, 63,722 businesses in the "All Other Professional, Scientific, and Technical Services" industry received a total of $4,746,522,934.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 1% of the total PPP funding allocated.

PPP recipients in this industry report an average of 6 employees, 96% lower than UCI Construction Holding Company's reported 156 employees, and received an average PPP loan of $74,488, 98% lower than this company's loan of $3.06M.

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.

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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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** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/uci-construction-holding-company-concord-ca