On the PPP application, Middleman Construction Company LLC reported intending to use the proceeds of their PPP loan for the following expenses:īusiness Information - Middleman Construction Company LLC in San Antonio, TXīased 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). Search other Construction - Building Contractors. In order to qualify for the PPP loan amount received, Middleman Construction Company LLC's 2019 payroll expenses are estimated to be at least $1.48M.īased on their reported 17 jobs retained, this equals an estimated average yearly compensation of $86,767 per employee 1 Reported PPP Proceed Usage: Get coupons, hours, photos, videos, directions for Middleman Construction at 1428 Wooded Acres Dr Waco TX. Please Note: Information on estimated payroll and compensation based on PPP rules is provided for informational purposes only.īased 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).
Middleman construction full#
Additionally, because this standard calculation is based on the maximum loan eligibility, it will under-estimate payroll costs if the business did not apply for the full amount of loan to which it was entitled based on its 2019 payroll expenses and other variables described above.
Because salaries for PPP eligibility purposes are capped at $100k, businesses with highly-compensated employees will yield an under-estimation of actual payroll costs. This estimation assumes that the PPP recipient applied for the full amount for which they were eligible, and no other variables affected the loan amount received. The only thing a middleman does is charge a markup to make a profit off of you. Construction company prices can vary depending on who you know, but this doesn’t mean you need to work with a middleman on your metal building project. Situations may exist in which it may not be accurate to estimate a PPP recipient's payroll expenses based on the amount of PPP loan received. Insight on Construction Company Costs and Why a Middleman Isnt Necessary. SES - Senior Executive Service Pay Calculatorįor Middleman Construction Company LLC, the calculation used to estimate payroll costs is shown below:. FWS - Federal Wage System Pay Calculator. Thus we say that middlemen today play a vital role in the transfer of goods from the producers to the consumers and moreover an important link between producers and ultimate consumers. In this situation, it is not possible for producers to have direct contact with the consumers. With the rapid development in the field of business activities, the business of today is not confined to a village or a city or a state. Middleman Construction Co in San Antonio 32767 updated on Jand listed as licensed Contractors Near Me and our office is located at 9631 Mccullough Ave and you can contact us via email, fax or phone number (210)342-6322 and get reviews, hours and local expert estimates from Middleman Construction Co and residential certified. Some people say “Middlemen and Agents are nothing but social parasites and the sooner they are eliminated the better for the society.” In our own opinion to say like that is not just, because in the age of ‘division of labour’ and ‘specialisation’, the existence of middlemen is a must. Merchant does buying and reselling but agent may specialize in negotiations of either selling or buying transactions. If he does, then he is a merchant otherwise he is an agent. 
Hence the difference between the two lies in the ‘title of goods’ he handles. A Merchant buys and resells goods while an Agent negotiates purchases or sales or both but does not buy the goods in which he deals. San Antonio, Texas Area Project Manager Pletz Construction, LLC Oct 2011 - Nov 2012 1. Middlemen can be classified into two divisions. Middleman Construction Company Nov 2012 - Aug 2020 7 years 10 months.
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