PPP Loan Data — Ulland Brothers, Inc., Carlton, MN
Ulland Brothers, Inc. is a subchapter s corporation located at 1634 Mn Hwy 210 in Carlton, Minnesota that received a Coronavirus-related PPP loan from the SBA of $5,855,765.00 in April, 2020.
$ PPP Loan Information
Lender:U.S. BANK, NATIONAL ASSOCIATION
Ulland Brothers, Inc. in Carlton, MN received a Paycheck Protection Loan of $5.86M through U.S. BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ulland Brothers, Inc.'s total 2019 payroll expenses were approximately $28.11M in order to qualify for the PPP loan amount received.
Based on their reported 311 jobs retained, this equals an estimated average yearly compensation of $90,378 per employee1.
Business Information - Ulland Brothers, Inc. in Carlton, MN
1634 Mn Hwy 210
Carlton, MN 55718
Highway, Street, and Bridge Construction (NAICS code 237310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: MN-08
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, 92% lower than Ulland Brothers, Inc.'s reported 311 employees, and received an average PPP loan of $405,656, 93% lower than this company's loan of $5.86M.
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Footnotes & Information
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