PPP Loan Data — Williams Construction Arkansas Inc, Springfield, MO
Williams Construction Arkansas Inc
Entity: Subchapter S Corporation
Location: Springfield, MOTweet This • Search All PPP Data
Williams Construction Arkansas Inc is a subchapter s corporation located at 2146 N. Packer Road in Springfield, Missouri that received a Coronavirus-related PPP loan from the SBA of $1,876,600.00 in April, 2020.
The company has reported itself as a White male owned business, and employed at least 123 people during the applicable loan loan period.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:Central Bank of the Ozarks
Williams Construction Arkansas Inc in Springfield, MO received a Paycheck Protection Loan of $1.88M through Central Bank of the Ozarks, which was approved in April, 2020.
Payroll Estimates Based On SBA PPP Loan Eligibility Formula
Understanding The SBA Formula For Determining PPP Loan Eligibility
Understanding Payroll Estimates Based On PPP Amount
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, Williams Construction Arkansas Inc's 2019 payroll expenses are estimated to be at least $9.01M.
Based on their reported 123 jobs retained, this equals an estimated average yearly compensation of $73,233 per employee1
Reported PPP Proceed Usage:
On the PPP application, Williams Construction Arkansas Inc reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $1,806,600
- Utilities: $10,000
- Debt Interest: $60,000
Business Information - Williams Construction Arkansas Inc in Springfield, MO
2146 N. Packer Road
Springfield, MO 65803
Commercial and Institutional Building Construction
NAICS code 236220
Business Owner Demographics
Ethnicity: Not Hispanic or Latino
Gender: Male Owned
Veteran Status: Non-Veteran
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Springfield
In the Springfield area, 38 businesses in the "Commercial and Institutional Building Construction" industry received a PPP loan. These local businesses reported an average of 11 employees (compared to this company's 123) and received an average PPP loan of $140,802 (compared to this company's $1.88M).
Similar Nearby Businesses Who Received PPP Funding:
Federal Construction, Inc
Sasco Pavement Coating, Inc
Jbiggers Enterprises, LLC
Automated Structures LLC
Nesbitt Construction Inc
Oke-Thomas + Associates, Inc
Industry PPP Comparison Statistics
Nationwide, 78,873 businesses in the "Commercial and Institutional Building Construction" industry received a total of $12.41B 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 12 employees, 90% lower than Williams Construction Arkansas Inc's reported 123 employees, and received an average PPP loan of $157,325, 92% lower than this company's loan of $1.88M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!