PPP Loan Data — Alpine Siding LLC, Lynden, WA
Alpine Siding LLC is a limited liability company (LLC) located at 6920 Guide Meridian Rd. in Lynden, Washington that received a Coronavirus-related PPP loan from the SBA of $93,750.00 in April, 2020.
$ PPP Loan Information
Lender:KEYBANK NATIONAL ASSOCIATION
Alpine Siding LLC received a Paycheck Protection Loan of $93,750 through KEYBANK NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Alpine Siding LLC's total 2019 payroll expenses were approximately $450,000 in order to qualify for the PPP loan amount received.
Based on their reported 16 jobs retained, this equals an estimated average yearly compensation of $28,125 per employee1.
Business Information - Alpine Siding LLC in Lynden, WA
6920 Guide Meridian Rd.
Lynden, WA 98264
Roofing Contractors (NAICS code 238160)
Business Owner Demographics
Race / Ethnicity: Unreported
Veteran Status: UnreportedCongressional District: WA-01
Similar Companies near Lynden
In the Lynden area, 7 businesses in the "Roofing Contractors" industry received a PPP loan. These local businesses reported an average of 56 employees (compared to this company's 16) and received an average PPP loan of $999,574 (compared to this company's $93,750).
Similar Nearby Businesses Who Received PPP Funding:
Hytech Roofing Inc
Scholten Roofing, Inc.
Preferred Roofing LLC
Axiom Construction & Consulting LLC
Axiom - Division 7, Inc.
Industry PPP Comparison Statistics
Nationwide, 13,327 businesses in the "Roofing Contractors" industry received a total of $1,896,438,811.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 25% lower than Alpine Siding LLC's reported 16 employees, and received an average PPP loan of $142,301, 52% higher than this company's loan of $93,750.
FederalPay's PPP Information Policy
Paycheck Protection Loan data has been made public by the Small Business Administration (SBA) for all private companies that received a PPP loan.
All information displayed on this page is publicly available information under PPP loan guidelines, in compliance with 5 U.S.C. § 552 (Freedom of Information Act) and 5 U.S.C. § 552a (the Privacy Act) and is published unmodified, as provided by the SBA. FederalPay does not modify the data and makes no claims regarding its accuracy.
Any corrections or modifications to this data can only be made via the SBA. For more information, please see the FederalPay PPP Data Policy.
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.
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