PPP Loan Data — Airmovers LLC, Denver, CO
Entity: Limited Liability Company (LLC)
Location: Denver, COTweet This • Search All PPP Data
Airmovers LLC is a limited liability company (LLC) located at 2100 E 68th Ave in Denver, Colorado that received a Coronavirus-related PPP loan from the SBA of $25,332.00 in June, 2020.
PPP Loan Information
Loan Status:Paid in Full or Forgiven
Lender:JPMorgan Chase Bank, National Association
Airmovers LLC in Denver, CO received a Paycheck Protection Loan of $25,332 through JPMorgan Chase Bank, National Association, which was approved in June, 2020.
This loan's status is reported by the SBA as "Paid in Full", which includes both loans repaid and those fully forgiven from repayment under PPP guidelines. The loan's status was last updated by the SBA in May, 2021.
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, Airmovers LLC's 2019 payroll expenses are estimated to be at least $121,594.
Based on their reported 3 jobs retained, this equals an estimated average yearly compensation of $40,531 per employee1
Reported PPP Proceed Usage:
On the PPP application, Airmovers LLC reported intending to use the proceeds of their PPP loan for the following expenses:
- Payroll: $25,332
Business Information - Airmovers LLC in Denver, CO
2100 E 68th Ave
Denver, CO 80229
Plumbing, Heating, and Air-Conditioning Contractors
NAICS code 238220
Business Owner Demographics
Veteran Status: Unreported
Business Age: Existing or more than 2 years old
LMI Zone: Y
Rural / Urban: Urban
Similar Companies near Denver
In the Denver area, 42 businesses in the "Plumbing, Heating, and Air-Conditioning Contractors" industry received a PPP loan. These local businesses reported an average of 10 employees (compared to this company's 3) and received an average PPP loan of $110,187 (compared to this company's $25,332).
Similar Nearby Businesses Who Received PPP Funding:
Colorado Chiller Services LLC
Accutrol Heating & Cooling Inc
5280 Plumbing Inc
Apex Mechanical, LLC
J & N Plumbing Services LLC
Building Technology Systems, Inc
Rabbit Heating & Air, LLP
Hyder Care Solutions, LLC DBA Golden Hea Rt Senior Care
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 Airmovers LLC's reported 3 employees, and received an average PPP loan of $123,520, 388% higher than this company's loan of $25,332.
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