PPP Loan Data — WM Mccaskill Heating And Air Conditioning, Clearwater, FL
WM Mccaskill Heating And Air Conditioning
Entity: Subchapter S Corporation
Location: Clearwater, FLTweet This • Search All PPP Data
WM Mccaskill Heating And Air Conditioning is a subchapter s corporation located at 29656 Us 19 N 207 in Clearwater, Florida that received a Coronavirus-related PPP loan from the SBA of $25,385.00 in April, 2020.
PPP Loan Information
Loan Status:Ongoing Loan
Lender:TD Bank, National Association
WM Mccaskill Heating And Air Conditioning in Clearwater, FL received a Paycheck Protection Loan of $25,385 through TD Bank, National Association, 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, WM Mccaskill Heating And Air Conditioning's 2019 payroll expenses are estimated to be at least $121,848.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,616 per employee1
Reported PPP Proceed Usage:
On the PPP application, WM Mccaskill Heating And Air Conditioning reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,385
Business Information - WM Mccaskill Heating And Air Conditioning in Clearwater, FL
29656 Us 19 N 207
Clearwater, FL 33761
Plumbing, Heating, and Air-Conditioning Contractors
NAICS code 238220
Business Owner Demographics
Veteran Status: Unreported
LMI Zone: N
Rural / Urban: Urban
Similar Companies near Clearwater
In the Clearwater area, 40 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 28 employees (compared to this company's 3) and received an average PPP loan of $293,750 (compared to this company's $25,385).
Similar Nearby Businesses Who Received PPP Funding:
Blume Mechanical LLC
Peninsular Mechanical Contractors
Raimondi Plumbing LLC
Experts In Plumbing LLC
Prime Air Conditioning And Refrigeration Inc
MC Mechanical Air Conditioning Services
American Design Air Inc
Pinellas Plumbing Contractors LLC
Industry PPP Comparison Statistics
Nationwide, 105,811 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a total of $13.07B 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 10 employees, 233% higher than WM Mccaskill Heating And Air Conditioning's reported 3 employees, and received an average PPP loan of $123,520, 387% higher than this company's loan of $25,385.
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