PPP Loan Data — Westgate LLC, Baton Rouge, LA
Entity: Limited Liability Company (LLC)
Location: Baton Rouge, LATweet This • Search All PPP Data
Westgate LLC is a limited liability company (LLC) located at P O Box 1948 in Baton Rouge, Louisiana that received a Coronavirus-related PPP loan from the SBA of $2,962,500.00 in April, 2020.
$ PPP Loan Information
Lender:FIRST HORIZON BANK
Westgate LLC in Baton Rouge, LA received a Paycheck Protection Loan of $2.96M through FIRST HORIZON BANK, which was approved in April, 2020.
Based on standard PPP eligibility rules, Westgate LLC's total 2019 payroll expenses were approximately $14.22M in order to qualify for the PPP loan amount received.
Based on their reported 191 jobs retained, this equals an estimated average yearly compensation of $74,450 per employee1.
Business Information - Westgate LLC in Baton Rouge, LA
P O Box 1948
Baton Rouge, LA 70821
Electrical Contractors and Other Wiring Installation Contractors (NAICS code 238210)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: LA-06
Industry PPP Comparison Statistics
Nationwide, 44,489 businesses in the "Electrical Contractors and Other Wiring Installation Contractors" industry received a total of $8,060,101,877.00 in PPP loans. These businesses account for 1% of total PPP applications submitted, and received 2% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 94% lower than Westgate LLC's reported 191 employees, and received an average PPP loan of $181,171, 94% lower than this company's loan of $2.96M.
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Footnotes & Information
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