PAYCHECK PROTECTION LOAN DATA NOW AVAILABLE — FederalPay is now hosting the latest publicly released PPP loan company data from the SBA

PPP Loan Data — Unicon LLC, Las Vegas, NV

ALERT: There are 2 PPP loans for a total of $821,310 in our database for businesses with the name "Unicon LLC" in Las Vegas, NV. This this is typically due to the same business receiving both first and second-draw loans, but may also include similarly named but unrelated businesses, multiple branches of the same business, mistaken multiple applications, or potential fraud. Click each loan below to see full details.

SBA PPP loan data, payroll data, and salaries for Unicon LLC
NV

Unicon LLC

Entity: Limited Liability Company (LLC)

Industry: Poured Concrete Foundation and Structure Contractors

Location: Las Vegas, NV

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Unicon LLC is a limited liability company (LLC) located at 1421 E Sunset Rd Ste 11 in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $406,410.00 in January, 2021.

The company has reported itself as a male owned business, and employed at least 40 people during the applicable loan loan period.

$ PPP Loan Information
Loan #8089928302

Loan Size:

$406,410

Jobs Retained:

40

Loan Approved:

2021-01-29

Loan Status:

Ongoing Loan

Lender:

Meadows Bank

Unicon LLC in Las Vegas, NV received a Paycheck Protection Loan of $406,410 through Meadows Bank, which was approved in January, 2021.

This loan has been disbursed by the lender and has not yet been fully repaid or forgiven. The exact status of ongoing loans is not released by the SBA.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Unicon LLC's 2019 payroll expenses are estimated to be at least $1.95M.

Based on their reported 40 jobs retained, this equals an estimated average yearly compensation of $48,769 per employee1

Reported PPP Proceed Usage:

On the PPP application, Unicon LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $406,406
  • Utilities: $1

Business Information - Unicon LLC in Las Vegas, NV

Unicon LLC
1421 E Sunset Rd Ste 11
Las Vegas, NV 89119

Business Industry:
Poured Concrete Foundation and Structure Contractors
NAICS code 238110

Business Owner Demographics

Race: Unreported

Ethnicity: Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Clark County, NV — SBA Office 0944 — Congressional District: NV-03

Similar Companies near Las Vegas

In the Las Vegas area, 13 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a PPP loan. These local businesses reported an average of 71 employees (compared to this company's 40) and received an average PPP loan of $786,373 (compared to this company's $406,410).

Industry PPP Comparison Statistics

Nationwide, 20,915 businesses in the "Poured Concrete Foundation and Structure Contractors" industry received a total of $3B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 13 employees, 68% lower than Unicon LLC's reported 40 employees, and received an average PPP loan of $143,350, 65% lower than this company's loan of $406,410.

SBA PPP loan data, payroll data, and salaries for Unicon LLC
NV

Unicon LLC

Entity: Limited Liability Company (LLC)

Industry: Highway, Street, and Bridge Construction

Location: Las Vegas, NV

Search All PPP Data

Unicon LLC is a limited liability company (LLC) located at 1421 E Sunset Rd in Las Vegas, Nevada that received a Coronavirus-related PPP loan from the SBA of $414,900.00 in April, 2020.

The company has reported itself as a male owned business, and employed at least 35 people during the applicable loan loan period.

$ PPP Loan Information
Loan #7940067003

Loan Size:

$414,900

Jobs Retained:

35

Loan Approved:

2020-04-08

Loan Status:

Paid in Full or Forgiven

Lender:

Meadows Bank

Unicon LLC in Las Vegas, NV received a Paycheck Protection Loan of $414,900 through Meadows Bank, which was approved in April, 2020.

This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in January, 2021.

Payroll Estimates Based On SBA PPP Loan Eligibility Formula

Understanding The SBA Formula For Determining PPP Loan Eligibility

The simplest way to describe the standard PPP calculation is that businesses are eligible to receive a maximum PPP loan of up to 2.5 x average 2019 monthly payroll costs. However, specific calculation methods vary based on entity type and have numerous qualifications.

Read More
Understanding Payroll Estimates Based On PPP Amount

Please note that payroll estimations are based on a simplified PPP eligibility formula and do not account for factors such as salaries over $100k and other PPP eligibility components.

Read More

Based on the standard PPP eligibility formula, it may be possible to estimate the payroll expenses represented by a company on their PPP application (see details above). In order to qualify for the PPP loan amount received, Unicon LLC's 2019 payroll expenses are estimated to be at least $1.99M.

Based on their reported 35 jobs retained, this equals an estimated average yearly compensation of $56,901 per employee1

Reported PPP Proceed Usage:

On the PPP application, Unicon LLC reported intending to use the proceeds of their PPP loan for the following expenses:

  • Payroll: $399,600
  • Rent: $7,000
  • Debt Interest: $8,300

Business Information - Unicon LLC in Las Vegas, NV

Unicon LLC
1421 E Sunset Rd
Las Vegas, NV 89119

Business Industry:
Highway, Street, and Bridge Construction
NAICS code 237310

Business Owner Demographics

Race: Unreported

Ethnicity: Hispanic or Latino

Gender: Male Owned

Veteran Status: Non-Veteran

Business Demographics

Business Age: Existing or more than 2 years old

LMI Zone: Y

HUBZone: Y

Rural / Urban: Urban

Clark County, NV — SBA Office 0944 — Congressional District: NV-03

Similar Companies near Las Vegas

In the Las Vegas area, 2 businesses in the "Highway, Street, and Bridge Construction" industry received a PPP loan. These local businesses reported an average of 44 employees (compared to this company's 35) and received an average PPP loan of $332,450 (compared to this company's $414,900).

Similar Nearby Businesses Who Received PPP Funding:

Walk This Way LLC
Las Vegas, NV

$250,000 PPP Loan

Industry PPP Comparison Statistics

Nationwide, 11,166 businesses in the "Highway, Street, and Bridge Construction" industry received a total of $3.89B in PPP loans. This industry in total received less than 1% of the total PPP funding distributed.

PPP recipients in this industry report an average of 26 employees, 26% lower than Unicon LLC's reported 35 employees, and received an average PPP loan of $348,782, 16% lower than this company's loan of $414,900.

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.

Search FederalPay's Full PPP Loan Database

Footnotes & Information

1. Estimations for informational purposes only. 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/unicon-llc-las-vegas-nv