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PPP Loan Data — Ulliman Schutte Construction, LLC,
Miamisburg, OH
Ulliman Schutte Construction, LLC
Entity: Limited Liability Company (LLC)
Industry: Water and Sewer Line and Related Structures Construction
Location: Miamisburg, OH
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Ulliman Schutte Construction, LLC is a limited liability company (LLC) located at 9111 Springboro Pike in Miamisburg, Ohio that received a Coronavirus-related PPP loan from the SBA of $6,536,200.00 in April, 2020.
$ PPP Loan Information
Loan Size:
Jobs Retained:
361Loan Approved:
2020-04-06Lender:
PNC BANK, NATIONAL ASSOCIATIONUlliman Schutte Construction, LLC received a Paycheck Protection Loan of $6.54M through PNC BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Ulliman Schutte Construction, LLC's total 2019 payroll expenses were approximately $31.37M in order to qualify for the PPP loan amount received.
Based on their reported 361 jobs retained, this equals an estimated average yearly compensation of $86,908 per employee1.
Business Information - Ulliman Schutte Construction, LLC in Miamisburg, OH
9111 Springboro Pike
Miamisburg, OH 45342
Business Industry
Water and Sewer Line and Related Structures Construction (NAICS code 237110)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: Unreported
Veteran Status: Unreported
Congressional District: OH-10Similar Companies near Miamisburg
In the Miamisburg area, 3 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a PPP loan. These local businesses reported an average of 140 employees (compared to this company's 361) and received an average PPP loan of $2,463,222 (compared to this company's $6.54M).
Similar Nearby Businesses Who Received PPP Funding:
Moody's Of Dayton, Inc
Miamisburg, OH
CG Construction & Utilities Inc
Miamisburg, OH
Industry PPP Comparison Statistics
Nationwide, 5,092 businesses in the "Water and Sewer Line and Related Structures Construction" industry received a total of $1,334,037,195.00 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 17 employees, 95% lower than Ulliman Schutte Construction, LLC's reported 361 employees, and received an average PPP loan of $261,987, 96% lower than this company's loan of $6.54M.
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.
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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