PPP Loan Data — W.O.E. Construction, Inc., Grand Prairie, TX
W.O.E. Construction, Inc. is a corporation located at 941-b Avenue N in Grand Prairie, Texas that received a Coronavirus-related PPP loan from the SBA of $2,547,167.00 in April, 2020.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
W.O.E. Construction, Inc. received a Paycheck Protection Loan of $2.55M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, W.O.E. Construction, Inc.'s total 2019 payroll expenses were approximately $12.23M in order to qualify for the PPP loan amount received.
Based on their reported 217 jobs retained, this equals an estimated average yearly compensation of $56,343 per employee1.
Business Information - W.O.E. Construction, Inc. in Grand Prairie, TX
941-b Avenue N
Grand Prairie, TX 75050
Highway, Street, and Bridge Construction (NAICS code 237310)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: TX-06
Similar Companies near Grand Prairie
In the Grand Prairie area, 2 businesses in the "Highway, Street, and Bridge Construction" industry received a PPP loan. These local businesses reported an average of 138 employees (compared to this company's 217) and received an average PPP loan of $1,711,084 (compared to this company's $2.55M).
Similar Nearby Businesses Who Received PPP Funding:
Property Paving, Inc.
Grand Prairie, TX
Industry PPP Comparison Statistics
Nationwide, 7,070 businesses in the "Highway, Street, and Bridge Construction" industry received a total of $2,867,987,409.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 1% of the total PPP funding allocated.
PPP recipients in this industry report an average of 26 employees, 88% lower than W.O.E. Construction, Inc.'s reported 217 employees, and received an average PPP loan of $405,656, 84% lower than this company's loan of $2.55M.
FederalPay's PPP Information Policy
Footnotes & Information
Have FederalPay.org's open data tools been valuable? Consider donating!