11/17/2023 0 Comments Small business dredging companyList includes dredging contractors, dredge manufacturers, and service providersĭSC Dredge leads dredge builder loans at $2.6mm The dredging companies on our list reported over 3000 jobs supported by the PPP loans, with Anchor QEA the largest at 400. The companies are from 20 separate states, from the West Coast to the East, and from every region of the country.Ĭompanies which retain their employee base over the life of the loan in 2020 are eligible for forgiveness of the majority of these loans that surely is the objective of the recipients listed below. The aggregate total is about $65 million. With this article DredgeWire now updates the previous list with the exact loan amounts. In July DredgeWire compiled an exclusive list of about 40 companies involved in the dredging industry that received such loans. To qualify the borrowers needed to have fewer than 500 employees. The companies included both dredging contractors and dredging equipment suppliers as well as service firms and other vendors. – The US Small Business Administration (SBA) has just released detailed data on loans to small companies, including to the US dredging industry, as part of its PPP program, a stimulus program to counter the economic impact of Covid-19.
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