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PPP Loan Information — CANETE, LLC

SBA PPP loan data, payroll data, and salaries for
AK

CANETE, LLC

Business Type: Limited Liability Company(LLC)

Industry: Janitorial Services

Location: ANCHORAGE, AK

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CANETE, LLC is a limited liability company(llc) located in Anchorage, Alaska that received a Coronavirus-related PPP loan from the SBA of at least $150,000.00 in April, 2020.

PPP Loan Information

Loan Size:

$150,000 to $350,000

Jobs Retained:

35

Loan Approved:

2020-04-13

Lender:

First National Bank Alaska

CANETE, LLC received a Paycheck Protection Loan of between 150,000 and 350,000 through First National Bank Alaska, which was approved in April, 2020.

Based on standard PPP eligibility rules, CANETE, LLC's total 2019 payroll expenses were between $720,000 and $1.68M in order to qualify for the PPP loan amount received. Based on their reported 35 jobs retained, this equals an estimated average yearly compensation between $20,571 and $48,000 per employee1.

Business Information - CANETE, LLC in ANCHORAGE, AK

CANETE, LLC
1200 E 76TH AVE SUITE 1217
ANCHORAGE, AK 99518

Business Industry

Janitorial Services (NAICS code 561720)

Business Owner Demographics

Race / Ethnicity: Unanswered

Gender: Unanswered

Veteran Status: Unanswered

AK - 00

Similar Nearby Businesses Who Received PPP Funding:

Q-1 CORPORATION
($350,000-1 million)
RHODES INC.
($150,000-350,000)


Employee Statistics

FederalPay's PPP Information Policy

Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for private companies that received a PPP loan of $150,000 or over. All information displayed on this page is publicly available information under PPP loan guidelines, and is published unmodified, as provided by the SBA.


Footnotes & Information

1. Payroll and salary estimates assume the borrower used the standard PPP calculation of 2.5 x average 2019 monthly payroll costs to determine PPP loan eligibility. Calculation methods vary based on entity type. Please read the latest official SBA PPP calculation rules for a full explanation of PPP loan amount calculation methods.

2. If a company's reported number of employees divided by the maximum PPP range amount per the SBA is greater than $100,000, the estimated maximum PPP loan received by the company can be adjusted down to assume no more than $100,000 yearly salary per employee was used in the PPP application. While employees at the company may earn more, $100k / employee is the maximum amount that can be used in PPP eligibility calculations.

** This Document Provided By www.FederalPay.org - The Civil Employee's Resource **
Source: www.federalpay.org/paycheck-protection-program/922-enterprise-llc-gilbert-az