PPP Loan Data — Urata & Sons Concrete LLC, Rancho Cordova, CA
Urata & Sons Concrete LLC is a limited liability company (LLC) located at 3420 Luyung Dr in Rancho Cordova, California that received a Coronavirus-related PPP loan from the SBA of $4,798,974.00 in April, 2020.
$ PPP Loan Information
Lender:MERCHANTS BANK OF COMMERCE
Urata & Sons Concrete LLC in Rancho Cordova, CA received a Paycheck Protection Loan of $4.8M through MERCHANTS BANK OF COMMERCE, which was approved in April, 2020.
Based on standard PPP eligibility rules, Urata & Sons Concrete LLC's total 2019 payroll expenses were approximately $23.04M in order to qualify for the PPP loan amount received.
Based on their reported 251 jobs retained, this equals an estimated average yearly compensation of $91,773 per employee1.
Business Information - Urata & Sons Concrete LLC in Rancho Cordova, CA
3420 Luyung Dr
Rancho Cordova, CA 95742
Structural Steel and Precast Concrete Contractors (NAICS code 238120)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: CA-07
Industry PPP Comparison Statistics
Nationwide, 2,045 businesses in the "Structural Steel and Precast Concrete Contractors" industry received a total of $681,119,594.00 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 22 employees, 91% lower than Urata & Sons Concrete LLC's reported 251 employees, and received an average PPP loan of $333,066, 93% lower than this company's loan of $4.8M.
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Footnotes & Information
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